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The Parks, Minehead, Somerset, TA24
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Property
Key information
Tenure: Freehold
Council tax: Band B
Broadband: Super-fast 80Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Mixed commercial/residential property
- Fully tenanted - Ground floor retail unit, five bedsits and one apartment
- Retail Unit: 566 sq ft of retail space, 234 sq ft of storage, plus a staff cloakroom
- Total gross income: Approximately £36,720 per annum
- Lease details available upon request with landlord’s permission
- Promises a lucrative investment with steady income potential
Video tours
LOCATION
Eye catching location fronting onto the main eastern approach road into the town centre with a good frontage and window display.
Minehead is often referred to as the 'Gateway to Exmoor National Park' and has a population of about 12,000 which is boosted throughout the year with the influx of tourists who enjoy the beaches and staying at Butlin's Holiday Resort.
It has a wonderful long flat sandy beach, a charming harbour, a bustling town with independent shops and cafes and heritage attractions.
Just a short stroll from the seafront you'll find Blenheim Gardens, Minehead's largest park.
THE PREMISES
This is a mixed commercial/residential investment for sale.
The premises are currently all fully tenanted and include a ground floor retail unit and 5 bedsits and one apartment to the first floor.
The shop is let on short term 2 year lease (with the option of a further year).
Leases are held in the Webbers Commercial office and can be requested with Landlords permission along with the rental figures.
This freehold property promises a lucrative investment with steady income potential.
Please note this property is in a conservation area.
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf.
Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department.
The cost of any change of planning use is the buyer’s responsibility.
COUNCIL TAX BAND
A&B
VIEWING
Viewing strictly by appointment with the sole selling agent.
BUSINESS RATES
£6,700 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
SERVICES AND UTILITIES
Mains electricity, water and drainage.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting
AGENTS NOTE
*We have been verbally advised by the vendor that there is an exemption on the EPC ratings for the flat and the bedsits. Originally rated F&G. This exemption is held for 5 years from 23rd of August 2024. Contact our office for more information.
From our Webbers offices in Minehead turn left and at the junction turn left again onto Park Street. Follow the road along for a hundred yards and number 3 Park Street can be found on the left hand side.
Eye catching location fronting onto the main eastern approach road into the town centre with a good frontage and window display.
Minehead is often referred to as the 'Gateway to Exmoor National Park' and has a population of about 12,000 which is boosted throughout the year with the influx of tourists who enjoy the beaches and staying at Butlin's Holiday Resort.
It has a wonderful long flat sandy beach, a charming harbour, a bustling town with independent shops and cafes and heritage attractions.
Just a short stroll from the seafront you'll find Blenheim Gardens, Minehead's largest park.
THE PREMISES
This is a mixed commercial/residential investment for sale.
The premises are currently all fully tenanted and include a ground floor retail unit and 5 bedsits and one apartment to the first floor.
The shop is let on short term 2 year lease (with the option of a further year).
Leases are held in the Webbers Commercial office and can be requested with Landlords permission along with the rental figures.
This freehold property promises a lucrative investment with steady income potential.
Please note this property is in a conservation area.
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf.
Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department.
The cost of any change of planning use is the buyer’s responsibility.
COUNCIL TAX BAND
A&B
VIEWING
Viewing strictly by appointment with the sole selling agent.
BUSINESS RATES
£6,700 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
SERVICES AND UTILITIES
Mains electricity, water and drainage.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting
AGENTS NOTE
*We have been verbally advised by the vendor that there is an exemption on the EPC ratings for the flat and the bedsits. Originally rated F&G. This exemption is held for 5 years from 23rd of August 2024. Contact our office for more information.
From our Webbers offices in Minehead turn left and at the junction turn left again onto Park Street. Follow the road along for a hundred yards and number 3 Park Street can be found on the left hand side.
Rooms
SERVICES
Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
RATEABLE VALUE
£6,700 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
Property information from this agent
About this agent
Established in 1924, Webbers estate agents are a national award-winning, independent estate agency, voted in the Top 3 estate agents in the UK for customer service in 2014. We have 16 West Country offices for residential sales & lettings in North Devon, West Somerset, Exmoor and Cornwall. Our exclusive Fine & Country marketing enables us to put our property in Park Lane, right in the heart of London, offering fabulous market exposure. In addition, with specialist departments for Commercial Property, Survey & Professional and New Homes, we deliver a comprehensive property service, with an enviable reputation as professionals in property. Minehead is often referred to as "The Gateway to Exmoor" and nestles on the West Somerset coastline of the Bristol Channel surrounded by the superb open countryside of the Exmoor National Park and the Brendon and Quantock Hills. The town has a population of around 10,000 and is made up predominantly of Victorian and Edwardian properties, popular 1930s houses and, during the 1970s a large number of bungalows were built to cater for the many people who retire to the area.