Summary - 8, QUEEN STREET BA5 2DP
1 bed 1 bath Retail Property (high street)
Flexible three-floor unit ready for conversion, lease or owner occupation.
Freehold retail building with vacant possession
A substantial freehold retail building in the centre of Wells, offered with vacant possession and flexible three-floor layout. The ground floor offers a large sales area with bay windows and strong frontage; upper floors provide mezzanine and additional office space, useful for storage, back-office or ancillary uses. At approximately 134 sq.m (1,442 sq.ft.) the property suits multiple uses and benefits from mains water, electric, gas and drainage and an EPC rating of C.
The High Street location delivers genuine footfall, neighbouring well-regarded independents and amenities that support long-term demand from local shoppers and visitors. Broadband speeds and mobile signal are both strong, and Wells’ local population and tourist draw make this a realistic candidate for rental income or owner-occupier trading.
Buyers should note several material considerations: heating is by electric room heaters and the building has double glazing installed before 2002; cavity walls are assumed to have no insulation. The property will likely need refurbishment or modernisation to improve energy efficiency and tenant appeal. The town centre records higher crime statistics than average, which may influence security costs and insurance.
Practical information: the property is freehold, currently vacant, and has a rateable value of £11,000 (small business rate relief may apply). Flood risk is nil. This is a clear opportunity for investors or operators seeking a prominent, adaptable unit in one of the country’s noted independent high streets, provided they budget for energy upgrades and cosmetic improvement.
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