Large mixed-use freehold with immediate rental upside and reversion potential.
Prime pedestrianised High Street trading position
Located on Yeovil’s pedestrianised High Street, this mixed-use freehold offers a high-visibility double-fronted retail unit plus self-contained upper floors. The ground and first floors are income-producing (phone shop and hairdresser); the second-floor one-bedroom flat is newly modernised and currently vacant, giving immediate re-lettable income potential or owner-occupation option.
The property extends to a substantial 2,829 sq ft across three storeys, with tall ceilings, period stone façade and good retail display frontage. Passing rent is £34,200 pa, and the site sits within the council’s active town-centre regeneration area, close to major retailers and steady footfall — factors that support medium-term rental and capital growth prospects.
Buyers should note material local context: the wider area records high crime levels and very high deprivation, which can affect tenant mix and long-term yields. The footprint is a small plot with no private outdoor space. Upper parts have separate access and are newly renovated, but full tenancy and service-charge details are available on request.
This freehold suits investors seeking a central, multi-let asset with immediate asset-management opportunity (re-let the vacant flat or adjust uses), or an occupier wanting upper-floor accommodation above a trading shop. Value is driven by location, configuration and active regeneration nearby, balanced against local socio-economic challenges.
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