St. James Street, Weston-super-Mare, North Somerset

Asking Price
£1,500,000

Flat for sale in North Somerset

  • 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

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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