Weston Super Mare, BS23

***MIXED-USE FULLY LET INVESTMENT***

Freehold mixed-use investment property comprising of a ground floor restaurant with self contained flat. The property is fully let producing �13,560 per annum and is situated within close proximity to the Town Centre within a mixed rank of shops and eateries. Ideal investment opportunity.

Description - Mixed-use fully let investment providing an income of �13,560 per annum. The property comprises a ground floor restaurant with a self contained flat above.

Location - Situated in a busy trading position within a short walk to the Town Centre and Weston pier.

Lease Details - Restaurant:

Let at �7,200 per annum on a Full Repairing and Insuring lease until 2022.

Flat:

Let at �6,360 per annum on a standard 6 month AST agreement.

Business Rates - The Rateable Value for the commercial element as per the VOA website is �4,900. The council tax band for the flat is band A.

Energy Performance Certificate - Rating:

Ground Floor: D

First Floor: D

Floor Plan - The floor plan is provided for indicative purposes and is not to be relied on.

Vat - All figures quoted are exclusive of VAT unless otherwise stated although we are informed VAT is not applicable to the purchase price.

Control Of Asbestos - As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.

Vieiwng - Strictly by appointment with Maggs & Allen.

Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.

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.

Any site and floor plans provided are for indicative purposes only and should not be relied upon.