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Commercial Property for sale

Waterloo Street, Weston-Super-Mare

Guide Price £210,000

Property Description

Full description

A rare opportunity to acquire a Freehold Investment located in a busy central position among a variety of commercial users and a short distance from the High Street and Sea Front.

A 3-storey Mid Terrace property arranged as a Vacant Ground Floor Shop 485 sq ft (45 sq m) approximately plus a Store Room/Kitchen and WC suitable for a variety of uses (subject to obtaining any necessary consents). The Upper Floors comprise two large 2 Bedroom Maisonettes, both currently let on Assured Shorthold Tenancies.

Accommodation: - (with approximate measurements)

Shop: - 10.19m x 4.37m (33'5" x 14'4") - Glazed shop front with security shutters. Electric heaters.

Store Room: - 6.43m x 2.29m (21'1" x 7'6") - Sink unit with water heater over. Electric heater. Door to Rear Yard.

Rear Lobby: - WC off

Rear access to Yard with external staircase rising to First Floor with door to Shared Hall with doors to Flats.

24a Waterloo Street (Front) comprising Hall; Lounge; Kitchen, Landing; 2 Bedrooms, Bathroom; Boxroom. Gas Central Heating. Currently Let on an Assured Shorthold Tenancy at a rent of £575 per calendar month.

24b Waterloo Street (Rear) comprising Hall; Lounge/Kitchen; Bathroom; Landing; 2 Bedrooms. Electric Heating. Currently Let on an Assured Shorthold Tenancy at a rent of £550 per calendar month.

Rateable Value: - £8,500

Council Tax: - 24a: Band A
24b: Band A

Epc Ratings: - Shop: 'D'
24a: 'D'
24b: 'F'

Lease - Alternatively, consideration will be given to a new lease of the shop only on terms to be agreed at a rent of £10,000pax

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