- A fantastic freehold investment opportunity
- A mixed use property offering eight apartments and ground floor restaurant, all fully let
- With a current rental income of circa £150,720 per annum
- Allocated off street parking for two cars at the rear
- Refurbished and well presented throughout
- Town centre positioning, within reach of local amenities and prolific seafront
- Approximately 7,572 Sq. Ft.
- EPC Ratings: B82 - C69 | Council Tax Bands: A | Business Rates may apply
Flat for sale in North Somerset
Exceptional Mixed-Use Investment Opportunity – Weston-super-Mare Town Centre.
David Plaister Ltd are delighted to offer to the market this superb mixed-use investment property, ideally positioned in the heart of Weston-super-Mare. Just a short distance from the town centre, seafront, and mainline train station, this
property enjoys an enviable location with excellent amenities and transport links on the doorstep.
The property comprises a ground floor restaurant together with eight self-contained residential flats above. All units are fully tenanted, providing immediate rental
income for an incoming investor.
Total Gross Income: £150,720 per annum (approx.)
The vendor has advised the following: the ground floor commercial space is let on a 7-year lease; each flat is rented on a 12-month assured shorthold tenancy with deposits taken; every apartment has valid EICR and gas safety certification; all units, including the commercial element, benefit from separate gas, water, and electricity meters; and full planning permissions and building regulations were obtained and
signed off at the time of conversion.
This property represents an attractive, ready-made investment with a strong rental yield and existing tenants in situ. Its central location attracts high demand, making it an excellent addition to any portfolio.
EPC Ratings: B82 - C69 | Council Tax Bands: A | Business Rates may apply
Important Information
- This is a Freehold property.
- This Council Tax band for this property is: A
- EPC Rating is B
Property Ref: DPO250645
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David Plaister Ltd (Weston-super-Mare)
Weston-super-Mare, North Somerset, BS23 1JN
01934 815 053
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