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20 Queen St 1,615 SF Vacant Retail Building Wells BA5 2DP $557,974 CAD ($345.49 CAD/SF)

EXECUTIVE SUMMARY
A prominent investment opportunity comprising of two ground floor retail units and a two-bedroom flat above. The single tenant is the owner of both businesses on the ground floor and occupies the first floor flat. The trading businesses are unaffected.
Situated in a prominent position at the junction of Priory Road, Queen Street and Broad Street within a 50m of the main High Street.
A shared entrance leads into either of the two retail units, currently interconnected and trade as a toy shop and dry cleaners. The same entrance also provides access to the first floor two bedroom flat.
There is an enclosed courtyard garden to the rear. There is no dedicated parking but here is ample public car parking in close proximity to the property.
The Freehold is for sale subject to existing occupation under a lease to private individuals beginning 1st April 2017, expiry 31st March 2027. Passing rent of £21,453.36, next review due April 2026. A copy of the lease is available following a successful viewing at discretion of the vendor.
All enquiries regarding viewings via the selling agents.
Situated in a prominent position at the junction of Priory Road, Queen Street and Broad Street within a 50m of the main High Street.
A shared entrance leads into either of the two retail units, currently interconnected and trade as a toy shop and dry cleaners. The same entrance also provides access to the first floor two bedroom flat.
There is an enclosed courtyard garden to the rear. There is no dedicated parking but here is ample public car parking in close proximity to the property.
The Freehold is for sale subject to existing occupation under a lease to private individuals beginning 1st April 2017, expiry 31st March 2027. Passing rent of £21,453.36, next review due April 2026. A copy of the lease is available following a successful viewing at discretion of the vendor.
All enquiries regarding viewings via the selling agents.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,615 SF
Building Class
C
Year Built
1900
Price
$557,974 CAD
Price Per SF
$345.49 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
1 1
NEARBY MAJOR RETAILERS
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20 Queen St
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