16 bedroom commercial property for sale
£800,000
High Street, Weston-Super-Mare, BS23
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Nearest stations:
Weston-super-Mare
(0.5 miles)
Weston Milton
(1.6 miles)
Worle
(3.0 miles)
Key features:
- Very Central Level Location
- Close Sea Front and High Street
- All Let on Shorthold Tenancies
- Ideal Investment
- Good Income
- Each Flat with 1 Reception, 2 Bedrooms, Kitchen and Bathroom
- Planning Permission to construct 3 Large Penthouses
- Rare Opportunity
- Sole Agents
Full description:
Tenure: Leasehold
Approached via internal communal staircase.FIRST FLOOR
Four self-contained 2-bedroomed flats with central heating and full double glazing. Each flat has: Lounge, 2 Bedrooms, Fully Fitted Kitchen and Bathroom.
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Staircase leads to:
SECOND FLOOR
Four self-contained 2-bedroomed flats with central heating and full double glazing. Each flat has: Lounge, 2 Bedrooms, Fully Fitted Kitchen and Bathroom.
NB: No possession at present. All flats let on secured 6-monthly shorthold tenancies.
The above provides a rare opportunity to acquire modern 2-bedroomed flats in excellent central area in Weston super Mare with minimum upkeep into the foreseeable future. The investment would give a return of appx. 6.5 per cent. INCOME: Present Income appx. £1000 Per Week (for all flats) ie, £52,000 Per Annum. PLANNING PERMISSION: Planning Permission has been granted to construct 3 large penthouse flats over the second floor flats - full plans available shortly.
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