£640,000

Property for sale

  1.  7/8 East Street, Taunton Ta1 3Lq
  2.  7/8 East Street, Taunton Ta1 3Lq
  3.  7/8 East Street, Taunton Ta1 3Lq
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From

£640,000

Property for sale

East Street, Taunton TA1

Local area information

Property location

Nearby amenities

  • St George's Catholic School 0.2 miles
  • Holy Trinity Church of England Primary School 0.4 miles
  • Taunton 0.6 miles
  • Bridgwater 9.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Taunton to find out more about the local area.

Features and description

  • Freehold Shop Investment
  • Busy Town Centre Location
  • Let to Clarks on a lease expiring 2028
  • Well located opposide The Orchards Shopping Centre
  • VAT is applicable
  • Six Week Completion Available
  • Investment let at £67,500 per annum (10.55% giy on guide price)
Strapline

Auction Sale - 02/07/2025

Freehold Town Centre Shop Investment, let to Clarks on a lease expiring 2028 at £67,500 p.a. (relecting 10.55% giy on Guide Price).

Description

The double fronted property is arranged over ground and first floor to provide a ground floor shop with ancillary accommodation above.

Location

The property is located on the northern side of East Street, on its junction with Magdalene Lane, in Taunton Town Centre.

The entrance to The Orchard SHopping Centre is situated opposite (Pandora, New Look, tui, Trespass, F HInds)

Nearby occupiers include EE & Nationwide (Adjoining), Marks & Spencer (Opposite), Halifax, Betfred, jd Sport, Waterstones, McDonalds, kfc, Holland & Barret and Primark amongst many others.

Transport

Road - The A3038 provides access to the A38 and A358 which in turn links with the M5 motorway (J25) to the east of the town

Rail - Taunton Rail Station provides regular rail services to Exeter/Plymouth, Bristol and London

Tenancy

Let to C & J Clark International Ltd (t/a Clarks) on a full repairing and insuring (Fri) lease (subject to a schedule of condition) for a term of 5 years from February 2023 at £67,500 per annum.
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Tenant information on C&J Clark International Ltd·

D&B Rating· N4

Turnover: £456,500,000

Pre-tax profit· (£38,500,00)

Shareholders Funds £17,800,000

(Source: Incans 16/06/2025)

Accommodation

Ground Floor - 208 sqm (2,250 sq ft)

First Floor - 201.6 sqm (2,170 sq ft)

Total - 409.6 sqm (4,409 sq ft)

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  1. Zoopla
  2. Commercial for sale
  3. Somerset
  4. Taunton
  5. East Street