Terraced house · BA9 9LP
For saleListed 640 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Take this wonderful opportunity to grab yourself a piece of historic Wincanton! This is a ground floor freehold unit with two flats above (not included) which have a separate access.
The shop itself has high ceilings, deep windowsills ideal for display purposes and a most generous retail space both to the front and the rear. There is a cloakroom and staff area.
Accessed separately is a large basement area which could be incorporated into the main building (subject to planning).
To the side is a private outdoor seating area making this building suitable for a variety of uses (it was once a coffee shop).
The unit is currently being run as a highly successful woman's clothing retail shop.
By separate negotiation are the options to (1) take on the current business as a going concern subject to an agreed stock valuation, or (2) having the current business on a short-term tenancy of 6 to 12 months with a rent of £1,000 per month (£12,000 per annum).
* Tenure: Freehold * Local Council: Somerset Council * Listed Building: Grade ll * EPC: C * Utilities and Similar: Mains electricity, mains gas (new boiler recently installed), mains water, and mains drainage
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Market Place, Wincanton, Somerset, BA9 9LP
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