Summary - 53 EAST STREET TAUNTON TA1 3NA
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime commercial investment opportunity in bustling East Street, Taunton
- Grade 2 listed building status with historical significance
- Current tenants in situ with a long lease, generating a rental yield of over 7% per annum
- Ground floor boasts a spacious open plan shop front; two upper levels provide four office rooms, a kitchen, and WCs
- Secure rear courtyard with additional storage space
- Current lease generating £35,000 per annum
**Summary:**
Discover a lucrative commercial investment nestled in the vibrant heart of Taunton on East Street. This prominent Grade 2 listed building features three floors of adaptable space, ideal for retail or office use. With a high footfall, surrounded by renowned high street brands, this locale ensures continuous business traffic—a perfect setting for any commercial endeavor. The property comes with solid tenants in place, producing a reliable rental yield exceeding 7%, making it a sound financial choice for investors seeking stability and growth.
However, potential buyers should be mindful of the listed status, which may limit renovation options in the future. The building is in good condition, but it's advised to account for its age and solid brick walls, which lack insulation. With additional amenities nearby, including restaurants, shops, and leisure facilities, this investment not only provides immediate returns but also the chance to capitalize on Taunton's thriving commercial landscape. Seize this opportunity while it lasts; properties of this caliber are rarely available for long.
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