High Street, Weston-super-Mare
About this property
FOR SALE AS AN INVESTMENT BUSINESS UNAFFECTED
85 HIGH STREET WESTON-SUPER-MARE, BS23 1HE
Situated in the town centre amongst a variety of commercial users, close to The Works, Natwest Bank, Specsavers and the Sovereign Centre.
Ground Floor Shop: 68.19 sq.m (734 sq.ft)
Access to the upper floors from the rear stairs. Suitable to conversion subject to all necessary consents.
Vacant First Floor: 31.87 sq.m (343 sq.ft) currently set as storage with a W.C..
Leading to Second Floor: 36.05 sq.m (388 sq.ft) further storage.
Tenure: Freehold subject to a New Full repairing and insuring lease for a term of 10 years commencing in 2023 with a current rental income of £16,500 p.a.x. rising to £18,000 in November 2025.
Price £295,000
Rateable Value: £16,750
E.P.C. Rating: ‘D’
Key features
- Investment opportunity
- Town centre location
- Freehold subject to FRI lease
- Ground floor shop 68.19 sq.m (734 sq.ft)
- Vacant first floor 31.87 sq.m (343 sq.ft)
- Second floor 36.05 sq.m (388 sq.ft)
- Suitable for conversion subject to consents
- Current rental income £16,500 p.a., rising to £18,000 in November 2025
- Rateable value £16,750