Oxford Street, Burnham-On-Sea *Auction Guide Price £250,000 Plus

For sale by Public Auction on Thursday 16th May 2024 at Leigh Court, Pill Road, Abbots Leigh, BS8 3RA and online at 7.00pm.

A great opportunity to acquire an end of terrace, mixed use, freehold commercial/residential premises in the heart of Burnham-on-Sea. The property consists of a ground floor commercial unit and a residential first floor one bedroom apartment, providing an interesting investment opportunity. The flat comprises; a light and bright living/dining room, separate kitchen, double bedroom and bathroom. The commercial unit is tenanted with a 15 year lease in place from 10th March 2020 (rental income of £15,500 per annum, paid quarterly). Please note, we were unable to access the ground floor commercial premises to take photos and measurements due to the sensitive nature of the business, however we have been provided with a floor plan by the vendor (see below).

The property also benefits from a valuable workshop area which is used by the current vendors as parking. Please note we are offering the freehold of the entire building which includes the ground floor commercial unit and first floor one bedroom residential apartment. 97a is a separate flat which is on a long leasehold title and is NOT included in the sale.

Burnham-on-Sea is a popular coastal town which offers a bustling high street with shops, restaurants, banks and more. The M5 Motorway (Junction 22) is within easy reach giving excellent commuting links to Taunton, Bristol and beyond. There is a mainline railway link at the neighbouring Highbridge town and Bristol International Airport is approximately 20 miles away. Commercial EPC Rating D84, Business Rates may apply. Residential EPC Rating E50 for 97b, Council Tax Band A.

Auction Details:
• Venue: Leigh Court, Pill Road, Abbots Leigh, Bristol, BS8 3RA (there is plenty of free parking)
• Date: Thursday 16th May 2024
• Start Time: 7:00pm
• Bidding Options: In room, online, proxy, telephone

*Guides are provided as an indication of each seller's minimum expectation, they are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure guide.