studio for sale

Exceptional Mixed-Use Investment Opportunity – Weston-super-Mare Town Centre.

David Plaister Ltd are delighted to offer to the market this superb mixed-use investment property, ideally positioned in the heart of Weston-super-Mare. Just a short distance from the town centre, seafront, and mainline train station, this
property enjoys an enviable location with excellent amenities and transport links on the doorstep.

The property comprises a ground floor restaurant together with eight self-contained residential flats above. All units are fully tenanted, providing immediate rental
income for an incoming investor.

Total Gross Income: 150,720 per annum (approx.)

The vendor has advised the following: the ground floor commercial space is let on a 7-year lease; each flat is rented on a 12-month assured shorthold tenancy with deposits taken; every apartment has valid EICR and gas safety certification; all units, including the commercial element, benefit from separate gas, water, and electricity meters; and full planning permissions and building regulations were obtained and
signed off at the time of conversion.

This property represents an attractive, ready-made investment with a strong rental yield and existing tenants in situ. Its central location attracts high demand, making it an excellent addition to any portfolio.

EPC Ratings: B82 – C69 | Council Tax Bands: A | Business Rates may apply

Commercial UnitA pedestrian entrance door and impressive glazed shopfront leading into the main restaurant area.Main Restaurant / BarA well presented buffet style restaurant, recently refurbished throughout with wood effect laminate vinyl tile flooring, fitted seating booths, buffet style serving area with heat lamps, fitted bar and reception, doors to rear hallway, door to toilet facilities. The restaurant area is finished with impressive decorative features, ceiling lights and air-conditioning units.Toilet FacilitiesThree separate toilet cubicles: male, female, and disabled toilets.Rear HallwayWalk In RefrigeratorKitchenResidential ApartmentsEntrance / StairsTo the left-hand side of the property there is a separate entrance door into a communal area with a stair flight rising to the first and second floors with communal hallways leading to the apartments.First FloorCommunal HallwayApartment OneTwo bedroom first floor apartment.HallwayDoors to principal rooms, radiator, ceiling light.Kitchen / Living RoomTwo UPVC double glazed windows, a range of wall and floor units with worktops, tiled splashback, stainless steel sink and drainer, four ring gas hob with oven under and extraction hood over, space for appliance, two radiators, ceiling lights, cupboard housing gas fired boiler.Bedroom OneTwo UPVC double glazed windows, radiator, ceiling light.BathroomLow-level WC, panelled bath with glass screen and shower over, wash handbasin and pedestal, heated towel rail, extractor fan and ceiling light.Bedroom TwoUPVC double glazed window, radiator, ceiling light.Apartment TwoOne bedroom first floor apartment.HallwayDoors to rooms, useful built-in storage cupboard, ceiling light.Kitchen Living RoomTwo UPVC double glazed windows, wall and floor units with worktops and tiled splashback, four burner gas hob, oven under and extraction hood over, stainless steel sink and drainer, space for appliances, cupboard housing wall mounted gas fired boiler, two radiators, ceiling lights.Shower RoomLow-level WC, enclosed shower, UPVC double glazed window, wash hand basin, heated towel rail, extractor fan and ceiling light.Bedroom OneUPVC double glazed window, radiator, ceiling light.Apartment ThreeTwo bedroom first floor apartment.HallwayDoors to principal rooms, radiator, ceiling lights.Bedroom OneUPVC double glazed window, radiator, ceiling light.Bedroom TwoUPVC double glazed window, built-in storage cupboard housing gas fired boiler, radiator, ceiling light.BathroomLow-level WC, panelled bath and shower attachment with glass screen over, wash hand basin, extractor fan and ceiling light.Kitchen / Living RoomTwo UPVC double glazed windows, radiators, wall and floor units with worktops and tiled splashback over, four burner gas hob with oven under and extraction hood over, stainless steel sink, space for appliance, ceiling lights.Apartment FourFirst floor two bedroom apartment currently used as staff accommodation and ancillary space for the ground floor restaurant.HallwayKitchen / Living RoomRear HallwayFrom the rear hallway, there is an external door leading to the external staircase for a second access.BathroomBedroom OneBedroom TwoStore RoomSecond FloorCommunal HallwayApartment FiveSecond floor one bedroom apartment.HallwayDoors to rooms, ceiling light.Kitchen / Living RoomWall and floor units, worktops and tiled splashback over, stainless steel sink and drainer, gas hob with oven under and extraction hood over, cupboard housing gas fired boiler, space for appliances, three UPVC double glazed windows, radiator, ceiling lights, roof access hatch.Shower RoomLow-level WC, wash hand basin and pedestal, enclosed shower, heated towel rail, extractor fan and ceiling light.BedroomUPVC double glazed window, radiator, ceiling light.Apartment SixSecond floor one bedroom apartment.HallwayKitchen / Living RoomWall and floor units with worktops and tiled splashback over, inset stainless steel sink and drainer, gas hob with oven under and extraction hood over, space for appliance, two UPVC double glazed windows, radiator, roof access hatch, ceiling lights, built in storage cupboard housing gas fired boiler.Shower RoomLow-level WC, wash hand basin, enclosed shower, heated towel rail, extractor fan and ceiling light.BedroomUPVC double glazed window, radiator, ceiling light.Apartment SevenSecond floor two bedroom apartment.HallwayDoors to rooms, built in storage cupboard housing wall mounted gas fired boiler, radiator, ceiling lights.Kitchen / Living RoomWall and floor units, stainless steel sink and drainer, gas hob with oven under and extraction hood over, space for appliances, radiator, ceiling light, UPVC double glazed window, door leading to external staircase, ceiling lights.Shower RoomLow-level WC, wash hand basin and pedestal, enclosed shower, heated towel rail, extractor fan and ceiling light.Bedroom OneTwo UPVC double glazed windows, radiator, ceiling light.Bedroom TwoUPVC double glazed window, radiator, ceiling light.Apartment EightSecond floor two bedroom apartment.HallwayDoors to rooms, built in storage cupboard housing wall mounted gas fired boiler, radiator, roof access hatch.Kitchen / Living RoomWall and floor units with worktops and tiled splashback over, stainless steel sink and drainer, gas hob, oven under and extraction hood over, space for appliances, two UPVC double glazed windows, radiator, ceiling lights.BathroomLow-level WC, wash hand basin and pedestal, panelled bath with shower and glass screen over, heated towel rail, extractor fan and ceiling light.Bedroom OneUPVC double glazed window, radiator, ceiling light.Bedroom TwoTwo UPVC double glazed windows, radiator, ceiling light.Outside RearTo the rear of the property, there is a right of access over the neighbouring rear courtyard area leading to a designated parking area.Rear External StaircaseParkingCurrently used to place two timber framed storage sheds.TenureFreehold.Rent ScheduleGround floor commercial space: 36,000 PA
Flat 1: 1195.00 PCM
Flat 2: 1095.00 PCM
Flat 3: 1195.00 PCM
Flat 4: 1495.00 PCM
Flat 5: 1095.00 PCM
Flat 6: 1095.00 PCM
Flat 7: 1195.00 PCM
Flat 8: 1195.00 PCMThe Vendor Has Advised The FollowingThe ground floor commercial space is let on a 7-year lease. Each apartment is rented on a 12-month assured shorthold tenancy with deposits taken. Every apartment has a valid EICR and gas safety certificate and is separately metered for gas, water, and electricity. The ground floor commercial unit also has its own separate meters. All necessary planning permissions and building regulations approvals were obtained and signed off following the conversion.ServicesMains gas, electricity, water, drainage.360 Virtual Tour