Terraced house for sale

King Street, Frome, Somerset BA11

*An opportunity to acquire an investment lock-up shop*Central Frome location producing an annual rent of £13,200*Investment providing a yield of approximately 9%*Let to a well-established local business.

Situation: Located within Kings Street which is considered to be part of the centre of Frome, these premises are a stones throw from Marks and Spencer, Cheap Street and Stony Street which is the entrance to the St Catherine's area of Frome renowned for its independent shops, boutiques, cafes and bistros. There is plenty of pay and display car parking nearby and good communication links including a mainline rail station to London and easy access to Bath which is approximately thirteen miles.

Description:

This superb investment opportunity is currently producing fractionally under a 9% yield based upon an existing five-year commercial lease which commenced at the end of March 2025 with an annual rent of £13,200. The premises are let to a well-established local nail salon and the building is well-presented throughout. Having gas-fired central heating to radiators and a large, almost full-width shop window, there is a main retail space with two further areas which could be used as offices or ancillary space with a small kitchenette and WC to the rear and totalling approximately 475 sq feet (44.1 sq metres). The property is immediately available.

Accommodation: All dimensions being approximate.

Retail Area: 22'1" x 16'3" narrowing to 15'9" with a further retail/office space to the side measuring 8'0" x 5'7". Beyond this is a lobby area with additional office/retail space measuring 9'0" x 7'10" average. Beyond is a:

Kitchenette area: With a stainless steel single drainer sink, radiator and door to:

Cloakroom: With a white low level WC and washbasin.

Gas-fired central heating to radiators via an Alpha Combination boiler.

Note: The property is being sold subject to a five-year commercial lease which commenced on March 2025 and the tenant is paying £1,100 per month (£13,200 per annum). Further details are available through the selling agents.

Viewing by appointment through the selling agents McAllisters: