Property for sale
Property description & features
- Tenure: Freehold
- * INVESTMENT OPPORTUNITY *
- WHOLE BUILDING FOR SALE
- FREEHOLD
* INVESTMENT OPPORTUNITY * WHOLE BUILDING - 3 FLATS, 2 SHOP UNITS - WELL-SITUATED SEAFRONT PROPERTY IN THE SOMERSET SEASIDE TOWN OF BURNHAM-ON-SEA
Built of traditional construction with rendered external elevation. The roof appears to be of slate.
Standing on the sea front in the Somerset seaside town of Burnham-on-Sea. There are most pleasant sea views from the windows facing over The Esplanade. The High Street, which provides excellent shopping facilities, is approximately 100 yards away. Access to the M5 Junction 22 is approximately 3 miles. Main line railway in Highbridge.
The property comprises Three Flats and 2 Shop Units (one unit, currently split into two shops). The First and Second Floor Flats occupy the majority of those two floors, whilst the Ground Floor Flat is to the rear of the shops and could easily be connected, should the owner/occupier wish to run a home and business. There is a forecourt/parking area at the front of the property.
At present the property is grossing £31,680 in rent. It is believed that a review/uplift would not be appropriate.
FREEHOLD - The Whole of the Building is being offered For Sale
THE SHOP UNITS:
Sedgemoor District Council - Small Business Rates Relief applies if this is your ONLY business. Therefore understood to be zero-rated.
Should this be a second business, then Business Rates would amount to £17,000 p/a, on each shop unit.
THE FLATS:
Sedgemoor District Council, Tax Band: A . £1,416.76 for 2023/24
Possession will be given according to the state of play with any tenants in occupation or subject to any negotiations.
THE PROPERTY
The property comprises Three Flats and 2 Shop Units (one unit, currently split into two shops). The First and Second Floor Flats occupy the majority of those two floors, whilst the Ground Floor Flat is to the rear of the shops and could easily be connected, should the owner/occupier wish to run a home and business. There is a forecourt/parking area at the front of the property.
THE RENT
At present the property is grossing £31,680 in rent. It is believed that a review/uplift would not be appropriate.
SHOP
THE PREMISES:
At present, the two shop units are joined into one by a centrally located doorway. This ideally forms one shop, however, should it be desired to split the shop into two units, this is easily done by closing off the doorway. In addition to this there is a ground floor flat immediately to the rear of the shop, which would be ideal should the 'shop owner' wish to live 'on the premises'. Please consult with A&F for further information.
SHOP UNIT 1 - 5.24m x 3.73m (max)
Entrance door, shop front, fitted shelving, counter, small sink and fluorescent strip lighting.
LOBBY
CLOAKROOM
Low-level WC and wash hand basin with instantaneous water heater over.
CONNECTING DOOR
SHOP UNIT 2 - 4.66m x 2.78m
Entrance door, fitted shelving, sink, counter and fluorescent strip lighting.
CLOAKROOM
Low-level WC and wash hand basin with instantaneous water heater over.
OUTGOINGS
Sedgemoor District Council
Small Business Rates Relief applies if this is your ONLY business. Therefore understood to be zero-rated.
Should this be a second business, then Business Rates would amount to £17,000 p/a, on each shop unit.
FLATS
REAR GROUND FLOOR FLAT
Entrance Hall, Lounge with Kitchen Area, Lobby, Bedroom, Bathroom, Gas-Fired Central Heating and Double Glazing.
ENTRANCE HALL
LOUNGE with KITCHEN AREA - 5.90m x 4.00m
Double glazed window, radiator, and 'Ideal' gas-fired boiler providing domestic hot water and central heating. Single drainer stainless steel sink unit with a mixer tap. Range of base, wall and drawer units with roll top working surface and plumbing for a dishwasher. Part tiled walls, fitted ceramic hob with overhead cooker hood and fitted oven.
LOBBY
Built-in double wardrobe
BEDROOM - 3.46m x 3.30m
Radiator and double glazed window
BATHROOM
White suite comprising panelled bath with shower, rail and curtain. Pedestal wash hand basin and low level WC. Part-tiled walls, radiator and four downlighter spot lights.
OUTGOINGS
Sedgemoor District Council, Tax Band: A . £1,416.76 for 2023/24
FIRST FLOOR FLAT
Entrance Hall, Lounge, Kitchen, 2 Bedrooms, Bathroom, Double Glazing and Central Heating.
ENTRANCE HALL
Double glazed entrance door, double glazed side panel, radiator, moulded cornice and built-in cupboard.
LOUNGE - 4.91m x 3.95m
Brick fireplace, moulded cornice, dado rail, radiator, double glazed window and step up to good sized double glazed bay window having panoramic views across the bay and along the seafront.
KITCHEN - 3.52m x 3.18m
Single drainer stainless steel sink unit. Range of base, wall and drawer units with toll top working surfaces. Fitted ceramic hob and oven. Plumbing for a dishwasher. Part tiled walls, radiator, double glazed window and 'Ideal' gas-fired boiler providing domestic hot water and central heating.
BEDROOM - 4.93m x 4.00m
Cast iron fireplace, radiator, moulded cornice, dado rail and double glazed window.
BEDROOM - 4.19m x 3.10m
Double glazed window, radiator and moulded cornice.
BATHROOM
White suite comprising panelled bath with shower over, screen, rail and curtain. Pedestal wash hand basin and low level WC. Part tiled walls, shaver point, heated towel rail, 'Dimplex' fan assisted heater, two double glazed windows and plumbing for an automatic washing machine.
OUTGOINGS
Sedgemoor District Council, Tax Band: A . £1,416.76 for 2023/24
SECOND FLOOR FLAT
Entrance Hall, Lounge, Kitchen, 3 Bedrooms, Bathroom, Double Glazing and Central Heating.
ENTRANCE HALL
Part-glazed entrance door, radiator and moulded cornice.
LOUNGE - 4.81m x 3.80m
Fireplace, dual aspect double glazed windows, radiator and moulded cornice.
KITCHEN - 3.47m x 3.36m
Single drainer stainless steel sink unit. Range of base, wall and drawer units with roll top working surfaces. 'New World' four-ring ceramic hob with overhead cooker hood. Fitted oven. Radiator, double glazed window, three spotlights and cupboard housing the 'Ideal' gas-fired bile providing central heating and domestic hot water. Plumbing for an automatic washing machine.
BEDROOM - 4.1m x 3.15m
Radiator and double glazed window.
BEDROOM - 4.02m x 1.93m
Radiator, double glazed window and built-in double wardrobe.
BEDROOM - 3.61m x 2.43m (max)
Radiator and double glazed window.
BATHROOM
White suite comprising corner bath, pedestal wash hand basin and low level WC. Fully tiled walls, heated towel rail, double glazed window, panelled ceiling, 'Dimplex' fan assisted heater and built-in cupboards.
OUTGOINGS
Sedgemoor District Council, Tax Band: A . £1,416.76 for 2023/24
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 27030168. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by A & F Estate Agents - Burnham-on-Sea.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.