Commercial property for sale in Church Street, Highbridge, Somerset TA9

For sale by Public Auction on Thursday 16th May 2024 at Leigh Court, Pill Road, Abbots Leigh, BS8 3RA and online at 7.00pm.

Presenting an exciting opportunity to acquire a mixed-use, freehold property situated in a prime, visible position in Highbridge’s High Street, Somerset. This super, versatile property offers spacious and flexible accommodation with a commercial premises on the ground floor and a spacious three bedroom apartment occupying the first floor. The commercial unit is tenanted with a 7 year lease originally granted from 8th February 2016 so the tenant is currently overholding with a passing rental income of £9,600.00 per annum. The apartment is being sold with vacant possession upon completion.

Presented to a high standard, the property still offers scope for further reshaping to suit specific requirements, making either the ideal investment purchase or the opportunity to purchase a home and generate income from the space below. The vendor has advised that there is a public car park within a very short distance, where you can obtain an annual permit for parking.

Highbridge benefits from local amenities including shops, medical centre, pharmacies, pubs and a community hall with the bustling seaside town of Burnham-on-Sea also within reach which offers further facilities close by. Commercial EPC C75, Business Rates May Apply, Residential EPC tba, Council Tax Band A.

Auction Details:

• Venue: Leigh Court, Pill Road, Abbots Leigh, Bristol, BS8 3RA (there is
plenty of free parking)

• Date: Thursday 16th May 2024

• Start Time: 7:00pm

• Bidding Options: In room, online, proxy, telephone

*Guides are provided as an indication of each seller's minimum expectation, they are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure guide.

Ground Floor Commercial Premises

Tenanted with a 7 year lease in place from 8th February 2016 and passing rental income of £9,600 per annum. Tenants are currently overholding as the lease has expired.

The ground floor may be accessed via the main front door or by the communal side door.

Please note, we were unable to include two rooms of the commercial premises on the floor plan due to the sensitive nature of the business, however we do have measurements below and photos of these rooms.

Office/Showroom (32' 1'' x 14' 10'' (9.78m x 4.53m))

Inner Area (24' 10'' x 15' 8'' (7.57m x 4.78m) Plus 7' 5'' x 7' 5'' (2.26m x 2.25m))

Cloakroom (6' 9'' x 4' 2'' (2.05m x 1.27m))

Internal Office (15' 9'' x 11' 11'' (4.79m x 3.63m))

Second Cloakroom (8' 11'' x 4' 8'' (2.73m x 1.42m))

Kitchen (12' 0'' x 11' 4'' (3.67m x 3.45m))

First Floor Residential Flat

Sold with vacant possession upon completion.

Accessed via the communal side door and stair flight rising to first floor.

This spacious apartment has the benefit of gas fired central heating, UPVC double glazing and a super rear balcony off the kitchen/dining room.

Living Room (12' 6'' x 12' 9'' (3.82m x 3.88m))

Bedroom One (14' 10'' x 12' 11'' (4.53m x 3.93m))

En-Suite (8' 10'' x 5' 7'' (2.69m x 1.69m))

Bedroom Two (15' 8'' x 11' 11'' (4.78m x 3.64m))

Bedroom Three (15' 1'' x 12' 1'' (4.59m x 3.69m))

Bathroom (10' 4'' x 6' 4'' (3.15m x 1.94m))

Utility Area (4' 6'' x 2' 8'' (1.38m x 0.81m))

Kitchen/Dining Room (15' 10'' x 15' 9'' (4.83m x 4.79m))

Balcony (15' 10'' x 9' 1'' (4.83m x 2.76m))

Roof Space One (17' 0'' x 9' 1'' (5.19m x 2.78m))

This apartment also has access to the roof space which creates additional space and possible potential. Both roof spaces are insulated and have light. Both have sloping rafters and limited head height.

Roof Space Two (22' 11'' x 5' 10'' (6.98m x 1.78m))

Tenure

Freehold.

Services

Mains electric, gas, drainage, water.

Please Note

If you are attending the auction in person there is plenty of free parking at the venue.

The property is being sold with the existing tenants in situ.

The integrity and structure of the property is ‘Sold as seen’ and in addition there may well be some fixtures, fittings and chattels left at the property which will become the responsibility and ownership of the purchaser upon legal completion of the transaction.