Commercial Property in BS23 available for sale
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Commercial Properties for Sale in the BS23, Weston-Super-Mare

Explore the Latest BS23 Commercial Property for Sale

More details for Bridge Rd, Weston Super Mare - Retail for Sale

Former Mercedes-Benz Dealership - Bridge Rd

Weston Super Mare, BS23 3NE

  • Retail for Sale
  • £1,600,000
  • 14,591 sq ft
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More details for Winterstoke Rd, Weston Super Mare - Retail for Sale

Winterstoke Rd

Weston Super Mare, BS23 3YE

  • Retail for Sale
  • £375,000
  • 2,834 sq ft
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More details for 12-14 Boulevard, Weston Super Mare - Retail for Sale

12-14 Boulevard

Weston Super Mare, BS23 1NA

  • Retail for Sale
  • £250,000
  • 2,120 sq ft
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More details for 14 Park Pl, Weston Super Mare - Hospitality for Sale

Richmond Hotel - 14 Park Pl

Weston Super Mare, BS23 2BA

  • Hospitality for Sale
  • £850,000
  • 6,093 sq ft
  • Restaurant

Weston Super Mare Hospitality for Sale - Weston-Super-Mare

The freehold of the property is available for £850,000. The annual turnover currently is £276,630 exclusive of VAT, with a high profit margin. Nestled in the heart of Weston-super-Mare, this exceptional freehold, commercial, hotel presents a lucrative investment opportunity for hospitality entrepreneurs and investors alike. Boasting a prime location and a comprehensive range of amenities, this property is poised to elevate the hospitality experience to new heights. Situated in a bustling area with high foot traffic, the hotel enjoys excellent visibility and accessibility, making it a preferred destination for locals and tourists alike. Spread across multiple floors, the hotel offers ample space for various operations, including a bar, restaurant, and outside customer seating, with a lift providing easy access to all floors. Equipped with a state-of-the-art catering kitchen, the hotel is well-prepared to meet the culinary needs of patrons, while a self-contained flat to the rear with three double bedrooms provides comfortable accommodations or potential rental income. A rear garden with a lush lawn and inviting patio offers a charming outdoor setting for guests to relax and unwind, with rear access enhancing convenience for both guests and staff. Additional facilities such as laundry facilities, a cellar for storage, and an office space cater to the operational needs of the establishment. With its diverse array of amenities and strategic location, this commercial hotel presents a rare opportunity for investors seeking to capitalize on the thriving hospitality industry. Whether utilized as a full-service hotel, boutique accommodation, or a combination of both, the property holds immense potential for growth and profitability. Don't miss the chance to own this prime freehold commercial hotel, where every detail is meticulously designed to offer an unforgettable guest experience and maximize returns on investment. Located in a prime position, boasting impressive sea views, this well positioned building is a stone’s throw away from the beach, promenade, shops, restaurants and Weston-super-Mare’s town centre with local amenities close by. Excellent transport links are within reach including Junction 21 which provides access to the M5, and from there to most major towns and cities. A mainline train station enables fast access from all major parts of the country and a regular bus service offers transport to most areas of the town and outlying districts. Highly recommended by the agent.

Contact:

David Plaister Ltd

Property Subtype:

Hotel

Date on Market:

16/08/2024

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FAQs about Commercial Properties For Sale in BS23

See All Properties For Sale
How many Commercial Property listings are available for sale in BS23?
There are currently 5 Commercial Properties available for sale near BS23. These BS23 Commercial Property listings have an average size of. The largest available listing in BS23 is. The thriving commercial centre and excellent transport links in BS23 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in BS23?
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 BS23 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 BS23?
There is a diverse range of commercial properties available in BS23 to suit various business needs. BS23 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 BS23 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 BS23, Weston-Super-Mare

You searched for commercial property for sale in BS23. Explore 5 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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