Commercial Development for saleOxford Street, Weston Super Mare, Bristol
Opportunity to purchase a high yielding mixed used investment situated in the centre of Weston Super Mare within close proximity to the sea front and opposite the 45million Dolphin Square redevelopment project. The property comprises a café/restaurant, takeaway and a newsagents on the ground floor with 5 x one bedroom flats above. The property is fully producing £45,440 Per Annum. Early enquiries recommended.
Description - The property is fully producing approximately £45,440 Per Annum. The property is a mixed use investment arranged over 3 storeys comprising a café/restaurant, takeaway and a newsagents on the ground floor with 4 x 1 bedroom flats and a maisonette to the upper floors.
Location - The property is situated in a prominent position on Oxford Street, Weston Super Mare amongst a mix of independent traders, bars and cafés and a stones throw from the beach and world famous Grand Pier. Located opposite the £45,000,000 Dolphin Square redevelopment project which is due to complete next year. The development will be home to a Cineworld cinema and a wide range of restaurants and cafés, including Costa, Nandos, Pizza Express, and Prezzo.
Floor Plan - The floor plan is provided for indicative purposes, not be relied upon.
Viewings - Viewings are strictly by appointment with Maggs & Allen.
Lease Details -
Commercial - Café/Takeaway - Recently let at £15,000pa on a new 6 year lease effectively Full Repairing and Insuring basis.
Newsagents - £5,000pa - We understand this is let on a recent 6 year effectively Full Repairing and Insuring basis.
Residential - Flat 1 - £400pcm.
Flat 2 - £450pcm.
Flat 3 - £420pcm.
Flat 4 - £400pcm.
Flat 5 - £450pcm.
Total Passing Rent - Currently producing £45,440pa.
Energy Performance Certificate - Café/Restaurant - C
Takeaway - C
Newsagents - G
Flat 1 - D
Flat 2 - G
Flat 3 - E
Flat 4 - E
Flat 5 - E
Vat - All figures quoted are exclusive of VAT unless otherwise stated.
Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 27000952. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Maggs & Allen, Auction, Commercial & Investment. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com
Map data ©OpenStreetMap contributors.