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Commercial Property for Sale near the Porlock, UK

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Explore the Latest Porlock Commercial Property for Sale

More details for High St, Porlock - Retail for Sale

High St

Porlock, TA24 8PY

  • Retail for Sale
  • £475,000
  • 1,330 sq ft
  • Energy Performance: E

Porlock Retail for Sale

LOCATION <br />Prime High Street tourist spot in the very popular village of Porlock, close to the coast within Exmoor National Park. <br /><br />Porlock is a village in Somerset, 5 miles west of Minehead. <br /><br />There is an interesting array of local shops as well as a Tesco Express and right next to this establishment is a Spar general store. <br /><br />Tourists flock to Porlock throughout the year, nearby is a caravan park and to the rear of this property is a public car park. <br /><br />THE PROPERTY <br />Attractive mid terraced 5 bedroom property providing a ground floor restaurant of around 510 sq ft with a commercial kitchen to the rear plus a preparation room. <br /><br />There is a covered rear courtyard and access to ladies and gents cloakrooms. <br /><br />A pathway gives access to the rear where there is a store room and boiler room. <br /><br />The private quarters are approached from a self-contained hallway and stairs to first floor where there is a fitted private kitchen, bathroom, separate cloakroom, large lounge and main bedroom. <br /><br />The top floor provides 4 further bedrooms. <br /><br />The upper floors have oil fired radiator central heating.<br /><br /> It is believed many years ago the property may have been used as a small guest house as some bedrooms have wash basins. <br /><br />THE BUSINESS<br />This long established 40 cover restaurant is now available due to retirement of the owners who has been in occupation for 40 years! <br /><br />Opening modestly from choice 5 evenings a week takings have been around £41,000 per annum with huge scope to increase the takings by increasing the opening hours. <br /><br />One customer said "Great little place to eat. Pure and simple this is the best cooked vegetables we have ever had. Excellent service good location. No fuss, meals plated and delicious." Another said "Good honest food, good wines and lovely service". <br /><br />The business is now closed due to retirement but can easily be re-established and is offered fully furnished and equipped or alternatively would be ideal for a variety of businesses, subject to any necessary planning consents.<br /><br />SERVICES AND UTILITIES <br />All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting <br />BUSINESS RATES <br />£7,700 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.<br /><br />VAT<br />We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.<br /><br />LEGAL ADVICE <br />We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.<br /><br />PLANNING <br />It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.<br />From the town of Minehead head along the A39 towards Porlock.<br />Upon entering the village drive past the Petrol Station in the centre on the right and after 25 yards Lapsewood Restaurant is found on the right next to the Spar Convenience Store.

Contact:

Webbers

Date on Market:

24/10/2024
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Commercial Properties for Sale Within 5 miles of the Porlock, UK

More details for 3 The Parks, Minehead - Retail for Sale

3 The Parks

Minehead, TA24 5NF

  • Retail for Sale
  • £330,000
  • 800 sq ft

Minehead Retail for Sale

LOCATION <br />Eye catching location fronting onto the main eastern approach road into the town centre with a good frontage and window display.<br /><br />Minehead is often referred to as the 'Gateway to Exmoor National Park' and has a population of about 12,000 which is boosted throughout the year with the influx of tourists who enjoy the beaches and staying at Butlin's Holiday Resort. <br /><br />It has a wonderful long flat sandy beach, a charming harbour, a bustling town with independent shops and cafes and heritage attractions. <br /><br />Just a short stroll from the seafront you'll find Blenheim Gardens, Minehead's largest park. <br /><br />THE PREMISES<br />This is a mixed commercial/residential investment for sale. <br /><br />The premises are currently all fully tenanted and include a ground floor retail unit and 5 bedsits and one apartment to the first floor. <br /><br />The shop is let on short term 2 year lease (with the option of a further year). <br /><br />Leases are held in the Webbers Commercial office and can be requested with Landlords permission along with the rental figures. <br /><br />This freehold property promises a lucrative investment with steady income potential. <br /><br />Please note this property is in a conservation area.<br /><br />LEGAL ADVICE <br />We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. <br /><br />Each party bears their own legal costs unless otherwise stated.<br /><br />PLANNING <br />It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. <br />The cost of any change of planning use is the buyer’s responsibility.<br /><br />COUNCIL TAX BAND<br />A&B<br /><br />VIEWING<br />Viewing strictly by appointment with the sole selling agent.<br /><br />BUSINESS RATES <br />£6,700 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. <br />Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.<br /><br />VAT<br />We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.<br /><br />SERVICES AND UTILITIES<br />Mains electricity, water and drainage. <br />We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting <br />AGENTS NOTE<br />*We have been verbally advised by the vendor that there is an exemption on the EPC ratings for the flat and the bedsits. Originally rated F&G. This exemption is held for 5 years from 23rd of August 2024. Contact our office for more information.<br />From our Webbers offices in Minehead turn left and at the junction turn left again onto Park Street. Follow the road along for a hundred yards and number 3 Park Street can be found on the left hand side.

Contact:

Webbers

Property Subtype:

Shopfront Retail / Residential

Date on Market:

27/03/2025
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LoopNet UK Somerset Commercial Properties For Sale in Porlock, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Porlock

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How many Commercial Property listings are available for sale in Porlock?
There are currently 1 Commercial Properties available for sale near Porlock. These Porlock Commercial Property listings have an average size of. The largest available listing in Porlock is. The thriving commercial centre and excellent transport links in Porlock make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Porlock?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Porlock currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Porlock?
There is a diverse range of commercial properties available in Porlock to suit various business needs. Porlock offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Porlock commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Porlock, UK

You searched for commercial property for sale in Porlock. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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