18, Baker Street, Weston-Super-Mare, BS23 3AE

THE PROPERTY

ADDRESS | 18 Baker Street, Weston-super-Mare, North Somerset BS23 3AE

A Freehold mid terraced mixed use period property with accommodation ( 1553 Sq Ft ) arranged over 3 floors. The property is currently arranged as a retail trading area at the front of the ground floor with internal access leading to the residential accommodation comprising an open plan kitchen / living space opening onto the rear garden. On the upper floors are 4 bedrooms, a roof terrace, bathroom and WC.
Sold with vacant possession.

Tenure - Freehold
Council Tax - B
EPC - C

THE OPPORTUNITY

MIXED USE INVESTMENT

The property has been used as a ground floor retail unit with owner occupier accommodation above and would now benefit from some basic cosmetic updating.
The property frontage does now require modernisation and attention.
Sold with vacant possession

SELF CONTAINED FLAT | FLATS | HMO

The upper floors have scope for an independent residential dwelling (s) or HMO style accommodation with independent access either using the existing rear access via the garden or create a new access via the shop front on Baker Street.

REDUCED PRICE FOR AUCTION

The property was previously listed with respected local agents for £250,000 and is now offered with a reduced guide price for a sale by live online auction.
Subject to gaining the necessary consents.

LOCATION

Weston Super Mare is a popular seaside town located on the Bristol Channel coast of North Somerset situated approximately 18 miles (29 km) south-west of Bristol and has a population of approximately 80,000 people. The town has a long history as a popular holiday destination, with a sandy beach that stretches for over two miles (3.2 km) and a variety of attractions and activities for visitors. The town centre has a mix of old and modern buildings, with several historic landmarks such as the Grand Pier, the Winter Gardens Pavilion, and the Birnbeck Pier. Westons main attraction is its beach, which is backed by a wide promenade and a range of amenities such as cafes, restaurants, and shops. The Grand Pier is a popular destination for families, with a variety of fairground rides, arcade games, and attractions. The town also has several parks and green spaces, including the 12-acre Grove Park, which has a children's play area, a boating lake, and a miniature railway. Other popular parks include Clarence Park and Ashcombe Park, both of which offer picturesque settings for picnics and walks. Weston is well connected with the M5 motorway running nearby and regular train services to Bristol, Bath, and other major cities. The town also has its own railway station, which is located within walking distance of the town center and the beach.

RENTAL APPRAISAL

What rent can we achieve for you?

Mendip Property Management are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Jason Virjee of Mendip Property Management suggests a rent in the region of;

£500 per room on the assumption the property is converted into a house share for 4 tenants (subject to gaining the necessary planning consent) with the ground floor being used as the living / communal space and the bedrooms on the upper floors.

If you would like to discuss more detail on the potential for rental, you can call me on 01275 332779 or email (enquiry@mendipproperty.com) for a no obligation discussion. I am always happy to advise investors on maximising their investment.

PROPERTY DETAILS DISCLAIMER

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.