Sold

TJ Hughes, 17-21 High Street, Western Super-Mare, Somerset

South West

dba146

Mixed Use£2,785,000

Tenure: Freehold
Tenancy: Multi Let

Investment summary

•The property comprises 3,545 sq m (38,157 sq ft) arranged over ground, first, second and third floors comprising mainly retailing areas on all floors with ancillary storage and staff accommodation as well as a restaurant facility at second floor level. At third floor level there are two residential flats, one of which is occupied and the other currently vacant.

•Weston-Super-Mare is an established commercial and tourist centre in north Somerset. The town is located approximately 34 kilometres (21 miles) south-west of Bristol, 30 kilometres (19 miles) north of Bridgwater, 49.6 kilometres (31 miles) south-west of Bath, and 220 kilometres (137 miles) west of London.

•Net inital yield 6.0%.