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Terraced house for sale
King Street, Frome, Somerset, BA11
£150,000
King Street, Frome, Somerset, BA11
£150,000
Our Summary
- 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
Description
This investment opportunity presents a lock-up shop in a central location in Frome, Somerset, producing an annual rent of £13,200 and providing a yield of approximately 9%. The property is let to a well-established local business and is situated on Kings Street, close to Marks and Spencer, Cheap Street, and Stony Street, which is known for its independent shops, cafes, and bistros. The premises have a main retail space with two further areas that could be used as offices or ancillary space, and are equipped with gas-fired central heating and a large shop window. The property is immediately available and is being sold subject to a five-year commercial lease that commenced in March 2025.