Property description
Offered For Sale for the first time in many years, this most interesting freehold investment property, which could have development potential (subject to planning and building regulation approval). Located in the heart of the vibrant Worle High Street area, with M5 junction 21 and Worle Parkway railway station within reach, makes the property desirable for the commuter. The front shop is let and operated by a dry cleaning business on a commercial lease and includes two off road parking spaces and a three phase electricity supply. The rear workshop and storage is let and operated as a sewing service/repair shop on a commercial lease, with one off road parking space and the first floor front is a two bedroom self contained apartment tenanted via an Assured Shorthold Tenancy agreement (AST). An additional area at the rear of the property offers additional storage and is arranged over two floors, plus a garage. This area may have potential for development (STP). Opportunities like this do not come to the market everyday and the agent advises prompt consideration. EPC ratings Commercial - F 132 and Residential - F 35.Rental Income:- Ground floor shop circa £12,000pa. Ground floor rear workshop circa £5,000pa. First floor apartment circa £6,000pa. Rear storage is vacant £0.00.Total current annual income circa £23,000pa.
FRONT SHOP - 141 HIGH STREET
Front Shop Area - 28' 8'' x 14' 1'' (8.74m x 4.30m)
Two off road parking spaces
Rear Shop Area - 18' 8'' x 9' 1'' (5.70m x 2.78m)
Rear store area with rear door to yard - 8' 2'' x 4' 3'' (2.49m x 1.29m)
Outside WC
Storage - 12' 0'' x 11' 9'' (3.66m x 3.57m)
REAR OF 141 HIGH STREET
Main Area - Workshop - 13' 9'' x 11' 5'' (4.19m x 3.49m)
Store Area 1 - 13' 8'' x 7' 2'' (4.17m x 2.18m)
Store Area 2 - 15' 0'' x 6' 1'' (4.57m x 1.85m)
One off road parking space
Outside
Rear single garage with up and over door.
Stone built store with timber mezzanine first floor storage
FIRST FLOOR FLAT - 141 HIGH STREET
Entrance
UPVC ground floor entrance door to hallway and stairs rising to first floor.
First Floor Landing
Doors to all principal first floor rooms, access to loft space, night storage heater.
Living Room - 17' 11'' x 11' 6'' (5.47m x 3.51m)
UPVC double glazed window to front, night storage heater.
Bedroom Two - 12' 0'' x 11' 5'' (3.67m x 3.49m)
UPVC double glazed window to side, night storage, built in wardrobe.
Bathroom - 8' 10'' x 4' 10'' (2.69m x 1.48m)
UPVC double glazed window to side, part tiled walls, electric wall heater, low level WC, pedestal wash hand basin, panel bath with mixer tap.
Bedroom One - 12' 0'' x 11' 7'' (3.67m x 3.53m)
UPVC double glazed window to rear, night storage heater, cupboard housing hot water tank.
Kitchen/Breakfast Room - 11' 8'' x 8' 11'' (3.55m x 2.73m)
Range of wall and floor units, stainless steel sink with double drainer, space for free standing cooker, space and plumbing for appliance, UPVC double glazed window to rear, vinyl flooring.
Property Features :
- An interesting High Street, freehold investment opportunity
- May have potential development (subject to planning & building regulation approval)
- Located in the heart of the vibrant Worle High Street area
- Front shop with parking held on commercial lease (with off road parking)
- Rear workshop with parking held on commercial lease (with off road parking)
Property Info: