The Centre, Weston-Super-Mare

£245,000

Guide price

A Mixed Use Investment opportunity located in a central position opposite the Town Hall and close to the High Street, Sea Front, bus terminus and railway station. The property comprises a Lock Up Shop with 2 self contained flats over producing an income of £20,100 per annum.

Accommodation:

(with approximate measurements)

Shop:

Shop premises 540 sq (50.16 sq m) approximately including fitted Shop, Store Room and WC. Rear access.

First Floor Flat:

Rear access with external staircase to Balcony with further steps up to door leading to Hall with 'Worcester' gas fired boiler providing central heating and hot water. Lounge/Kitchen, Double Bedroom, Shower Room and WC.

Second Floor Flat:

Private Entrance with recessed Front door to Entrance Hall with stiarcase rising to Second Floor Landing with Store off with plumbing for a washing machine. Lounge/Kitchen with gas fired boiler providing central heating & hot water and a Balcony off overlooking The Centre towards the Town Hall. Double Bedroom, Bathroom & Separate WC.

Tenancies:

Shop let on a Full Repairing & Insuring lease at a rent of £7,200 per annum exclusive of rates.

First Floor Flat: Let on an Assured Shorthold Tenancy at a rent of £550 per calendar month

Second Floor Flat: Let on an Assured Shorthold Tenancy at a rent of £525 per calendar month

Total Income: £20,100 per annum

Outgoings:

Shop: Rateable Value £6,400

First Floor Flat: Council Tax Band A

Second Floor Flat: Council Tax Band A

EPC Ratings:

Shop: 'C' (68)

First Floor Flat: 'C' (72)

Second Floor Flat: ''D' (63)

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Anti-Money Laundering

Please note that under Anti-Money Laundering Legislation we are required to obtain identification from all purchasers and a Sales Memorandum cannot be issued until this information is provided

Consumer Protection from Unfair Trading Regulation

The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.