Summary - 85, HIGH STREET BS23 1HE
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prominent high street location in Weston-super-Mare
- Ground floor retail space: 734 sq.ft
- First floor: 343 sq.ft (currently used for storage, includes W.C.)
- Second floor: 388 sq.ft (additional storage)
- Freehold tenure with a 10-year lease commencing in 2023
- Current rental income of £16,500 p.a.x., increasing to £18,000 in November 2025
- High foot traffic area with a diverse range of nearby amenities
**Summary:**
This is a prime investment opportunity in the heart of Weston-super-Mare's bustling high street. Spanning a substantial 1,465 sq.ft overall, this Victorian mid-terrace property features an inviting ground floor retail space with large display windows, perfect for attracting customers. The rear access to the first and second floors offers ample potential for conversion into additional commercial or residential units, pending necessary consents.
The property is strategically located near popular establishments such as Natwest and Specsavers, ensuring continuous foot traffic. While the surrounding area is noted for high crime rates and the property may require maintenance, the potential for growth and diversification remains high. Currently, the premises are rented under a secure lease, providing immediate income for savvy investors. With a competitive asking price of £295,000, don't miss out on this unique opportunity to capitalize on a central commercial space in an area ripe for redevelopment and enhancement.
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