Esplanade, Burnham

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Esplanade, Burnham

Esplanade, Burnham-on-Sea, TA8
£475,000

Our Summary

  • * INVESTMENT OPPORTUNITY * WHOLE BUILDING - 3 FLATS, 2 SHOP UNITS - WELL-SITUATED SEAFRONT PROPERTY IN THE SOMERSET SEASIDE TOWN OF BURNHAM-ON-SEA
  • It is believed that a review/uplift would not be appropriate

Description

This investment opportunity presents a whole building comprising three flats and two shop units, situated on the seafront in Burnham-on-Sea, Somerset. The property offers pleasant sea views from the windows facing The Esplanade and is close to the High Street, which provides excellent shopping facilities. The building is currently generating £31,680 in rent, with the potential for a review or uplift. The shop units are eligible for Small Business Rates Relief, making them zero-rated, while the flats are in Tax Band A. The property is being sold freehold, with possession given according to the state of play with any tenants in occupation or subject to any negotiations.
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