Summary - VICARAGE CHAMBERS, VICTORIA STREET TA8 1AW
2 bed 1 bath Commercial Property
Immediate rental income with scope for energy and cosmetic upgrades.
Freehold mixed retail and two-bed flat, total income £17,250 p.a.
An established mixed-use freehold in Burnham-on-Sea offering immediate income and clear refurbishment upside. The ground-floor shop is let as an angling outlet and the two-bed flat above has a long-standing tenant, producing a combined annual income of £17,250. At the asking price of £220,000 the property delivers a gross yield of about 7.8%, attractive for buy-to-let or small commercial investors.
The building retains Victorian character with high ceilings, large front windows and solid brick construction. It is located close to the town centre amenities — post office, cinema, shops and the seafront — and benefits from good road links to the M5 and mainline rail at Highbridge. Flooding risk is low and mobile signal is excellent.
Practical considerations: the property is older (pre-1900) with assumed uninsulated solid walls and an EPC rating of D. It needs maintenance and likely energy improvements; glazing is double but install date is unknown. The area records above-average crime and is relatively deprived, which may affect lettability and management costs. The flat is in Council Tax Band A.
This is a straightforward income opportunity for investors seeking a central seaside asset with refurbishment potential. Buyers should budget for renovation and energy upgrades and factor long-term area conditions into their investment appraisal.
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Office for sale in Victora Street, Burnham On Sea (2/3 bedroom maisonette with shop), TA8 — £205,000 • 3 bed • 1 bath • 808 ft²
Commercial property for sale in 5 High Street, Burnham-On-Sea, TA8 — £345,000 • 3 bed • 2 bath • 2271 ft²
Convenience store for sale in Family Shopper - Burnham On Sea, 33 High Street, Burnham On Sea, TA8 1PA, TA8 — £175,000 • 1 bed • 1 bath • 1120 ft²
2 bedroom property for sale in South Road, Burnham-On-Sea, TA8 — £395,000 • 2 bed • 1 bath
