An attractive end-terrace building situated in the heart of Ilminster town centre with nearby retailers including Boots Pharmacy, Co-operative Food Store and NatWest Bank.
Arranged over three floors, the property comprises a ground floor retail shop with four flats occupying the first and second floors. Each flat is subject to a 999 year lease at a ground rent of £20 per annum while the retail shop is subject to a 10 year commercial lease.
Ground Floor Shop
Retail area, stock room, kitchenette and cloakroom with W.C.
Small courtyard to rear.
Subject to a 10 year commercial lease, from 8th October 2014, at a current rental of £14,000 per annum.
Section 5(b) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under this legislation.