Summary - WIVELISCOMBE TOWN HALL, THE SQUARE TA4 2JT
1 bed 1 bath Commercial Property
Rare high-yield property with steady income and scope for refurbishment.
Prominent market-square location with high visibility
A substantial mixed-use building occupying a prominent position in The Square, Wiveliscombe, offered with a guide price of £340,000 and a reported gross yield of 8.71% (current income £29,640 pa). The property comprises a ground-floor commercial/office unit plus three residential flats above (a two-bedroom, a one-bedroom and a studio), providing immediate income and multi-tenancy diversification. The overall footprint is large (approximately 3,195 sq ft) and the building retains period character including high ceilings and large sash windows at the front elevation.
The ground-floor commercial area is fitted as offices with suspended ceilings, category 2 lighting and carpet tiles, together with ancillary kitchen, WC and basement stores—useful for continued office use or conversion to alternative retail/leisure uses subject to consents. Flats are self-contained with mains gas, electric, water and drainage; several front windows have secondary glazing. The property benefits from excellent mobile signal, no flood risk and average local services and schools nearby.
Buyers should note a number of maintenance and refurbishment items. External and rear yard images indicate damp, cracked walls and an unkempt backyard that will require repair. Internally the office fit-out and some communal elements are dated and may need upgrades (lighting, ceilings, finishes) to maximise rental value. Tenure is unknown and should be clarified in due diligence. Average area crime and average broadband speeds are also factors for future occupier appeal.
This asset will suit a purchaser seeking an immediate income stream with scope to add value through targeted refurbishment, improved leasing, or repurposing parts of the building. The location in a historic market town square gives good visibility for the commercial unit and appeal to tenants wanting central, well-connected premises.
4 bedroom terraced house for sale in High Street, Wiveliscombe, Taunton, TA4 — £425,000 • 4 bed • 2 bath • 6237 ft²
Restaurant for sale in High Street, Wiveliscombe, Taunton, Somerset, TA4 — £450,000 • 1 bed • 1 bath • 3173 ft²
6 bedroom house for sale in High Street, Wiveliscombe, Taunton, Somerset, TA4 — £450,000 • 6 bed • 3 bath • 3173 ft²
Commercial property for sale in Golden Hill, Wiveliscombe, Taunton, TA4 — £250,000 • 1 bed • 1 bath • 5556 ft²
Commercial property for sale in 14 Fore Street, Wellington, Somerset, TA21 8AQ, TA21 — £395,000 • 1 bed • 1 bath • 3274 ft²
Shop for sale in The Square, Wiveliscombe, Taunton, Somerset, TA4 — £550,000 • 1 bed • 1 bath • 2300 ft²
