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New Development 105 Taunton Rd

5,630 SF 100% Leased Retail Building Bridgwater TA6 6BD $1,397,828 ($248/SF) 7.67% Cap Rate

Investment Highlights

  • Convenience food investment opportunity
  • Fronting the A38
  • Fully let to secure tenants

Executive Summary

Paragon House was completed in 2018 and provides two ground floor retail units with 14 flats above. To the front of the property is a shared car park. Both retail units benefit from rear servicing and access. The residential upper floors have been sold off on long leaseholds. Please see the attached schedule of accommodation.

Attachments

Paragon House

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
5,630 SF
Building Class
B
Year Built
2017
Price
$1,397,828
Price Per SF
$248
Cap Rate
7.67%
NOI
$107,229
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories

Nearby Major Retailers

The Co-operative Food
ALDI
Costa Coffee
Starbucks
Sainsbury's
Pure Gym
Farmfoods
ASDA
Santander
HSBC
  • Listing ID: 33944097

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 105 Taunton Rd, Bridgwater TA6 6BD

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