Available
Taunton – Vacant Workshop & Warehouse with Development Potential
1 Haydon Road, Taunton, Somerset TA1 1SYFreehold Vacant Mixed-Use with Residential Development Potential
Price
£325,000
Rent P.A.
Vacant
Tenure
Freehold
Area
5,650 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- ERV: £35,000 p.a. GIY: 10.77%
- Comprises triple fronted workshop with large warehouse at rear, self-contained commercial ancillary and a self-contained residential house
- Total area size approx. 525 sq m (5,650 sq ft)
- Residential development potential for multiple unit scheme, subject to obtaining planning
- Occupiers close by include Tesco Express, Papa Johns, William Hill, Esso and Dominos Pizza amongst many other local businesses.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises former work-shop and garages with residential house arranged over ground and first floors. The commercial garage premises comprises triple fronted open plan space with large warehouse at rear and ancillary at first floor, suitable for vehicle repair or business workshop. The property includes two-storey commercial ancillary and two-storey residential house, providing the following accommodation and dimensions:
Ground Floor Workshop & Warehouse
Ground Floor Ancillary: 6 Rooms, wc
First Floor Ancillary: 6 Rooms, bathroom
Total GIA: 525 sq m (5,650 sq ft)
Residential development potential for multiple unit scheme, subject to obtaining planning
Ground Floor Workshop & Warehouse
Ground Floor Ancillary: 6 Rooms, wc
First Floor Ancillary: 6 Rooms, bathroom
Total GIA: 525 sq m (5,650 sq ft)
Residential development potential for multiple unit scheme, subject to obtaining planning
Tenancy Description
The entire property is at present vacant. ERV: £35,000 p.a.
Location Description
Taunton, the county town of Somerset, is a major retail centre located 40 miles southwest of Bristol and 30 miles north-east of Exeter. The A3065 provides access to the A38 and A358 which in turn links with the M5 motorway (J25) to the east of the town. Taunton Rail Station provides services to Exeter (26 mins), Bristol (31 minutes), London Paddington (1hr 46 mins). The property is situated on the western side of Haydon Road close to its junction with East Reach. Occupiers close by include Tesco Express, Papa Johns, William Hill, Esso and Dominos Pizza amongst many other local businesses.