£375,000

Retail premises for sale

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£375,000

(£375,000.00/sq. ft)

Retail premises for sale

The Parks, Minehead TA24

1 sq. ft

Local area information

Property location

Nearby amenities

  • St Michael's Church of England First School 0.1 miles
  • Minehead First School 0.2 miles
  • Minehead Harbour 0.7 miles
  • Barry Waterfront Ferry Terminal 16.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Minehead to find out more about the local area.

Features and description

Eye catching location fronting onto the main eastern approach road into the town centre with a good frontage and window display.
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.
It has a wonderful long flat sandy beach, a charming harbour, a bustling town with independent shops and cafes and heritage attractions.
Just a short stroll from the seafront you'll find Blenheim Gardens, Minehead's largest park.
The premises

This is a mixed commercial/residential investment for sale. The premises are currently all fully tenanted and include a ground floor retail unit and 5 bedsits and one apartment to the first floor. The shop is let on short term 2 year lease (with the option of a further year). Leases are held in the Webbers Commercial office and can be requested with Landlords permission along with the rental figures. This freehold property promises a lucrative investment with steady income potential. Please note this property is in a conservation area.
Legal advice

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.
Planning

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.
Council tax band
A&B

viewing


Viewing strictly by appointment with the sole selling agent.
Business rates

£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.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
VAT

We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of hmrc.
Services and utilities

Mains electricity, water and drainage.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting
Agents note

*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.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Webbers Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Webbers Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Somerset
  4. Exmoor National Park
  5. Minehead
  6. The Parks