Share This Listing

Message

969 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

6 Fore St 9,293 SF 100% Leased Retail Building Wellington TA21 8AQ $2,531,544 ($272.41/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Freehold.
  • £88,400 of income secured from Co-Operative Foodstores Ltd.
  • Fully let mixed use investment with convenience store, retail unit and 5 flats.
  • Total rental income of £137,000 per annum.

EXECUTIVE SUMMARY

The historical market town of Wellington is located approximately 55 miles south west of Bristol and 28 miles north east of Exeter. It has a population of around 14,500 and is well connected by road via Junction 26 of the M5 and the A3, which also links to Taunton which is 7 miles distant. The A38 dual carriageway runs south of the town centre linking Wellington with Taunton to the east and Tiverton to the west. Junction 26 of the M5 is located 2.2 miles to the south of the town centre providing direct access to Bristol and Exeter and the wider national motorway network. The building occupies a prominent trading position in the town centre close to the junction with South Street. Other nearby retailers include Coffee#1, Superdrug, Greggs, WH Smith, J D Wetherspoon Boots, Coral and Lloyds. There is a public car park immediately behind the property.
Freehold Mixed Use Investment in Historic Market Town 4-6 Fore Street is a 3-storey terraced building comprising a ground floor retail unit, ground floor triple fronted Supermarket with ancillary accommodation at the rear and at first floor level and a storage unit to the rear. There is a separate rear stairway providing access to 5 flats, 3 Self-Contained Flats and a further 2 flats. There is a rear service access for unloading. There is parking for both Co- Op and Flat 1 and 2, 4a Fore Street to the rear.
Freehold Fully let mixed use investment with convenience store, retail unit and 5 flats.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
9,293 SF
Building Class
B
Year Built
1961
Price
$2,531,544
Price Per SF
$272.41
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
43’ on Fore Street

AMENITIES

  • Bus Line
  • Commuter Rail
  • Energy Performance Rating - E

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Gorilla Vapes
  • -
  • 783 SF
  • -
  • Oct 2027
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Gorilla Vapes - 783 SF - Oct 2027

NEARBY MAJOR RETAILERS

Coffee #1
Co-op
Barclays
Lloyds Bank
Heron Foods
Waitrose & Partners
ASDA
Costa Coffee
  • Listing ID: 35120835

  • Date on Market: 3/13/2025

  • Last Updated:

  • Address: 6 Fore St, Wellington TA21 8AQ

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}