Units 1, 2 and 3 at The Welcome Garage and Bowlands, Furnham Road, Chard, front the main route into the town.
Duncan Brown, Commercial Partner at Greenslade Taylor Hunt, who is marketing the site, said: "The property provides a good income for investors, whilst its prominence on a busy road offers development opportunities for both commercial and residential uses.”
The commercial site extends to 0.708 acres plus an adjacent three-bedroom bungalow with garden. It is on the market at a guide price of £650,000. Alternatively the site is available without Bowlands and is available at £425,000.
The commercial site is arranged as three terraced retail warehouse units totalling 6,680 sq ft. Unit 1 is currently vacant with the other two units let to a carpet retailer generating a rent of £23,000 per annum. The forecourt is let to a hand car wash business for £7,200 per annum, the total commercial income when fully let being estimated at £43,800 pa.
There is potential for residential and commercial development at the site including a convenience store or leisure use perhaps in the form of a restaurant or drive-thru and takeaway.
Other possibilities include industrial, nursing or care home purposes. Other options may be considered subject to any necessary planning consents.
For more information and to arrange a viewing please contact Duncan Brown or Joseph Hughes on 01823 334455.