26, Waterloo Street, Weston-Super-Mare, BS23 1LN
Hollis MorganHollis Morgan is a leading independent property auctioneer and estate agent based in Bristol. They specialise in residential and commercial sales, land, and development opportunities, holding regular property auctions with a strong track record of success across the South West.
Read more Read moreADDRESS | 26 Waterloo Street, Weston Super Mare, North Somerset BS23 1LN Lot Number 37 The Live Online Auction is on Wednesday 17th September 2025 @ 17:30 Registration Deadline is on Monday 15th September 2025 @ 16:00 The 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” A Freehold mixed use block ( 1899 Sq Ft ) located close to the Seafront in this popular trading position. The lot comprises the ground floor retail unit with rear access and sold with vacant possession. The upper floors comprise 4 flats with access via a communal stairwell and the lot include flats 1 & 3 - please note flats 2 & 4 have been previously sold on long leaseholds. Retail Unit - Ground Floor | 831 Sq Ft | Main Trading area | Kitchen | Bathroom | Storage | rear Access Flat 1 - First Floor | 532 Sq Ft | Communal Access from Rear | Entrance Hall | Open Plan Kitchen / Living Space | Bedroom 1 | Bathroom Flat 2 - Top Floor | 536 Sq Ft | Communal Access from Rear | Entrance Hall | Open Plan Kitchen / Living Space | Bedroom 1 | Bathroom Both flats sold subject to existing AST tenants. Tenure - Freehold Council Tax - A | A EPC - E | E | E MIXED USE INVESTMENT | £27,240 pa The property has scope to produce £27,240 pa once the retail unit is let and there is additional scope to increase the rental income in the flats subject to negotiations. Flat 1 - Rent £595 pcm | AST | Tenancy commenced July 2019 Flat 3 - Rent £675 pcm | AST | Tenancy commenced February 2024 Retail Unit - Vacant | Was £1,000 pcm Total £27,240 pa What rent can we achieve for you? Mendip Property Management are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Jason Virjee of Mendip Property Management suggests a rent in the region of; Flat 1 - £650 pcm Flat 2 - £675 pcm If you would like to discuss more detail on the potential for rental, you can call me on 01275 332779 or email ([email protected]) for a no obligation discussion. I am always happy to advise investors on maximising their investment. Lisa Taylor [email protected] EXTENDED COMPLETION Completion is set for 8 weeks or earlier subject to mutual consent.
