Alexandra Parade, Weston-Super-Mare

Asking Price
£460,000

Not Specified for sale in North Somerset

  • • A mixed-use commercial and residential freehold property
  • • Occupying a prime town centre location
  • • A ground floor retail unit, first floor office space and a four bedroom residential
  • • first floor apartment
  • • Presented over two storeys, a terraced property, with access to the rear via a
  • • nearby alleyway, offering circa 4212.46 of SQ. FT
  • • The entire property is leased for 25 years starting from 01/04/2015 with current
  • • rental income of £43092.24 PA with a rent increase due 01/04/25
  • • A superb investment opportunity, viewing highly recommended

This mixed-use, freehold property presents a unique opportunity, combining a ground floor commercial premises, a first floor commercial office and a spacious four bedroom

residential flat. The ground floor is occupied by the post office which serves as a stable investment, providing essential services to the community and ensuring a reliable income

stream.

The first floor office boasts a bright and inviting atmosphere, enhanced by ample natural light. Its flexible layout is ideal for various functions, accommodating meetings, collaborative projects or individual work with ease. Equipped with modern amenities, this space ensures comfort and efficiency for both staff and clients.

The spacious four bedroom flat is an attractive option for families or professionals, featuring contemporary

amenities and a separate entrance for added convenience. This versatile living area can also be utilised as a rental unit, offering the potential for a steady stream of income.

Overall, this property offers significant potential for growth and profitability, making it an excellent investment for those looking to capitalise on a vibrant mixed-use setting. The

property is being sold with tenants in situ for all three units.

Weston-super-Mare town offers a mix of shops, cafes and entertainment options, making it a great spot for both locals and visitors. Very convenient travel links with direct train

and bus services. The area is also easily accessible by road, situated near the M5 motorway, making it a great destination for families and anyone looking to enjoy and explore everything this charming town has to offer.

EPC rating TBA for all three units, council tax band B, Freehold tenure. Business rates may apply.

Important information

This is a Freehold property.

This Council Tax band for this property is: B

Property Ref: DPC_DPO240429

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David Plaister (Weston-super-Mare)

Weston-super-Mare, North Somerset, BS23 1JN

01934 815 053

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