134a East Reach, Taunton, Somerset, TA1 3HN

Investment Consideration: Gross Initial Yield: 9.60% Rental Income: £12,000 p.a. Grade II Listed building VAT is NOT applicable to this property Comprises large self-contained 2-bedroom flat at first and second floor The premise occupies a prominent trading position surrounded by other retailer’s close to Taunton’s town centre with occupiers nearby include Papa Johns Pizza, Nuffield Health Centre, Restaurant`s, Café, Barbers and many more.

Property Description: Comprises self-contained 2-bedroom flat. The property has been newly refurbished and provides the following accommodation and dimensions: First Floor: 62 sq m (665 sq ft) Bedroom, Kitchen, Living Room, Bathroom Second Floor: 8 sq m (86 sq ft) Bedroom Total GIA: 70 sq m (751 sq ft)

Tenancy: The property is let on AST to an Individual for a term of 12 Months from 24th November 2024 at a current rent of £12,000 p.a. Deposit held of £1,000.

Tenure: Long leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.

Location: The property is located along East Reach Road, a busy thoroughfare serving the town for pedestrians and motorists alike. The premise occupies a prominent trading position surrounded by other retailer’s close to Taunton`s town centre. Taunton is the county town of Somerset with a population of approximately 75,000 people, a strong office based economy and a busy town centre, boasting numerous retailers and leisure occupiers, with significant developments to improve the town currently taking place. Taunton provides an extensive range of facilities and also has access to the M5 motorway, there is a main line city rail link which is easily accessible, London Paddington being about 2 hours. The property is also well placed for easy access to the Brewhouse, Somerset County Cricket Ground and St. Marys Church.