Available
Weston-Super-Mare – Vacant Retail
116 High Street, Weston-Super-Mare BS23 1HPFreehold Vacant Commercial Premises
Investment Consideration
- ERV: £35,400 p.a. GIY: 10.11%
- Comprises large single storey commercial premises with benefit of rear vehicular access
- Previously t/a Market Place and suitable for redevelopment, subject to obtaining planning
- Prime pedestrianised town centre location
- Situated within easy walking distance of the seafront, Sovereign Shopping Centre, public car parks and Weston-super-Mare railway station
- Occupiers nearby include Lloyds Bank, SPAR, Restaurants, Takeaway, Barber Shop and more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises large commercial premises fronting the pedestrian High Street, as well as benefiting from vehicular access at rear Worthy Place, suitable for deliveries and services, providing the following accommodation and dimensions:
Ground Floor: 246 sq m (2,647 sq ft)
Open plan retail, storage, office, kitchen, wc`s
Redevelopment potential, subject to obtaining the necessary consents. For more information, please refer to North Somerset Council:
https://n-somerset.gov.uk/
Ground Floor: 246 sq m (2,647 sq ft)
Open plan retail, storage, office, kitchen, wc`s
Redevelopment potential, subject to obtaining the necessary consents. For more information, please refer to North Somerset Council:
https://n-somerset.gov.uk/
Tenancy Description
The property is at present vacant. ERV: £35,400 p.a.
Location Description
Weston-super-Mare is a popular and well-established North Somerset coastal town with a resident population of approximately 85,000, serving a wider catchment area extending across Somerset and the surrounding region. The town benefits from excellent transport links, with direct rail services to Bristol, Exeter and London, together with convenient access to Junction 21 of the M5 motorway approximately 4 miles to the east. The property is situated within easy walking distance of the seafront, Sovereign Shopping Centre, public car parks and Weston-super-Mare railway station, making it an accessible and highly desirable commercial location. Occupiers nearby include Lloyds Bank, SPAR, Restaurants, Takeaway, Barber Shop and many more.
