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New Development 105 Taunton Rd 5,630 SF 100% Leased Retail Building Bridgwater TA6 6BD $1,518,362 ($269.69/SF) 7.67% Cap Rate
INVESTMENT HIGHLIGHTS
- Convenience food investment opportunity
- Fronting the A38
- Fully let to secure tenants
EXECUTIVE SUMMARY
Paragon House was completed in 2018 and provides two ground floor retail units with 14 flats above. To the front of the property is a shared car park. Both retail units benefit from rear servicing and access. The residential upper floors have been sold off on long leaseholds. Please see the attached schedule of accommodation.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
5,630 SF
Building Class
B
Year Built
2017
Price
$1,518,362
Price Per SF
$269.69
Cap Rate
7.67%
NOI
$116,475
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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New Development | 105 Taunton Rd
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