>
5 bedroom house for sale
Investment | £37K Pa | Wsm
£275,000
Investment | £37K Pa | Wsm
£275,000
Our Summary
- Hollis Morgan – MAY LIVE ONLINE AUCTION - A Freehold HIGH YIELDING INVESTMENT comprising a MIXED USE BLOCK ( 4321 Sq Ft ) producing £37,800 pa | Nightclub / 2 X 3 Bed FlatsFor Sale By Live Online Auction - ADDRESS | 49 Oxford Street, Weston-super-Mare, North Somerset BS23 1TN Lot Number TBCThe Live Online Auction is on Wednesday 14th May 2025 @ 17:30Registration Deadline is on Monday 12th May 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
- Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Property - A Freehold mixed use property with accommodation ( 4321 Sq Ft ) arranged over three floors and located just moments from the sea front
- Scope for Break up subject to VP
- FOR SALE BY ONLINE AUCTION
- MAY LIVE ONLINE AUCTION
Description
A freehold mixed-use property in Weston-super-Mare, North Somerset, is up for sale by live online auction on May 14th, 2025. The property, located on Oxford Street, comprises a nightclub on the ground floor, two self-contained three-bedroom flats on the first and top floors, totaling 4,321 square feet. The property currently generates £37,800 per annum in rental income, with the nightclub leased for five years and the flats on periodic tenancies. The property offers potential for break-up subject to vendor's permission, and the auction will be streamed live online, allowing bidders to participate remotely. Registration for the auction is required by May 12th, 2025, and interested parties can register online or bid by telephone, proxy, or computer.