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More details for 2 Esplanade, Burnham On Sea - Retail for Sale

Sunset House - 2 Esplanade

Burnham On Sea, TA8 1BB

Retail for Sale
£475,000
349 sq ft

Burnham On Sea Retail for Sale - Burnham-on-Sea

* INVESTMENT OPPORTUNITY * WHOLE BUILDING - 3 FLATS, 2 SHOP UNITS - WELL-SITUATED SEAFRONT PROPERTY IN THE SOMERSET SEASIDE TOWN OF BURNHAM-ON-SEABuilt of traditional construction with rendered external elevation. The roof appears to be of slate.Standing on the sea front in the Somerset seaside town of Burnham-on-Sea. There are most pleasant sea views from the windows facing over The Esplanade. The High Street, which provides excellent shopping facilities, is approximately 100 yards away. Access to the M5 Junction 22 is approximately 3 miles. Main line railway in Highbridge.The property comprises Three Flats and 2 Shop Units (one unit, currently split into two shops). The First and Second Floor Flats occupy the majority of those two floors, whilst the Ground Floor Flat is to the rear of the shops and could easily be connected, should the owner/occupier wish to run a home and business. There is a forecourt/parking area at the front of the property.At present the property is grossing £31,680 in rent. It is believed that a review/uplift would not be appropriate.FREEHOLD - The Whole of the Building is being offered For SaleTHE SHOP UNITS:Sedgemoor District Council - Small Business Rates Relief applies if this is your ONLY business. Therefore understood to be zero-rated.Should this be a second business, then Business Rates would amount to £17,000 p/a, on each shop unit.THE FLATS:Sedgemoor District Council, Tax Band: A . £1,633.42 for 2025/26.Possession will be given according to the state of play with any tenants in occupation or subject to any negotiations. Building Safety Non Reported Mobile Signal Ofcom predicts coverage, nPerf shows real-world signal. Construction Type Standard Construction Existing Planning Permission Non Reported Coalfield or Mining Non Reported