Retail Property (high street) for sale

High Street, Weston-Super-Mare

£800,000

Property Description

Key features

  • INVESTMENT FOR SALE
  • HIGH STREET LOCATION
  • INCOME: 71,000 P.A.X

Full description

46/48 HIGH STREET
WESTON-SUPER-MARE
BS23 1JA

INVESTMENT FOR SALE
BUSINESSES UNAFFECTED
INCOME CURRENTLY £71,000 P.A.X.

Situated next to WH Smiths, close to Boots and opposite Marks and Spencers and the Sovereign Shopping Centre a Retail Investment For Sale.

46 High Street: Overall Area - 160.15 sq.m (1724 sq.ft) with rear parking accessed via North Street.
Ground Floor: 46.91 sq.m (505 sq.ft)
First Floor: 57.69 sq.m (621 sq.ft)
Second Floor: 55.55 sq.m (598 sq.ft)


48 High Street: Overall Area - 160.53 sq.m (1728 sq.ft) with separate rear store and parking accessed via North Street.
Ground Floor: 48.77 sq.m (525 sq.ft)
First Floor: 54.34 sq.m (585 sq.ft)
Second Floor: 57.41 sq.m (618 sq.ft)


Tenure: Freehold

Price: Offers in excess of £800,000 with the benefit of the following Lease terms:

46 - Occupied by Gadget4UK Retail Ltd. Currently held on a 10 year Full Repairing and Insuring lease subject to a schedule of condition until September 2027.
Rent: £31,000 p.a.x rising to £33,500 p.a.x. in September 2019 and £34,500 p.a.x. in September 2020.

48- Occupied by TREDS Ltd. Currently held on 10 year Full Repairing and Insuring Lease from 2008, with a deed of variation in 2013.
Rent: £40,000 p.a.x

Rateable Values:

46 High Street: £39,500
48 High Street: £37,000


E.P.C. Rating:
46 - 'E'
48 - 'D'

N.B. All figures are exclusive of V.A.T. where applicable.
All measurements are approximate.

Disclaimer - Stephen & Co Ltd trading as Stephen & Co for themselves as Agents for the Vendors or Lessors of this property give notice that these particulars are produced in good faith and are to act as purely a guide and therefore do not constitute any part of any contract. Stephen & Co. Ltd trading as Stephen & Co or any employee thereof do not have authority to make or give any warranty, guarantee or representation whatsoever in relation to this property.


More information from this agent

Nearest stations

  • Weston-super-Mare (0.4 mi)
  • Weston Milton (1.5 mi)
  • Worle (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Stephen & Co, Weston-Super-Mare

13 Waterloo Street Weston-Super-Mare BS23 1LA

01934 267036 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Weston-super-Mare (0.4 mi)
  • Weston Milton (1.5 mi)
  • Worle (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Stephen & Co, Weston-Super-Mare

13 Waterloo Street Weston-Super-Mare BS23 1LA

01934 267036 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 28217707. 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 Stephen & Co, Weston-Super-Mare. 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.

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