2 bed Commercial Property for Sale
Victoria Street, Burnham-on-Sea, Somerset
£255,000Share:
Description
- Freehold Commercial Property & Flat Above
- Residential/Retail Opportunity
- Excellent Yield Generation
- Immediate Income Opportunity
- Prominent Shop with Apartment above
- Popular Seaside Town
- EPC - TBA
- Council Tax Band A Apartment
- Shop Rateable Value £7100 p.a.
For Sale as an Investment Property [Annual Income £17,250}
An opportunity to purchase a mixed residential/retail investment property in a prominent location in this busy seaside town.
Located close to the main Post Office, Cinema and other retail shops and food outlets, Burnham-on-Sea has a healthy residential population and is ideally positioned for communications with the M5 Junction 22 , main A38 and mainline rail link at Highbridge all within 2 miles.
The Shop is currently let and operated as an Angling outlet on a 2 year Lease at a figure of £9,600.00 per annum [paid monthly in advance].
The Flat is let to Tenants who have been in residence for 15 years at a current rent of £660.00 a month[£7920.00 per annum]
Floorplan
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