DEVELOPMENT OPPORTUNITY | BRIDGWATER, 5 bedroom, House - 34056925

ADDRESS | 15 Eastover, Bridgwater, Somerset TA6 5AG Lot Number 18 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 large Freehold L shaped property with 3908 Sq Ft of flexible accommodation with the primary 3 storey red brick building fronting Eastover and the remaining section wrapping round with access via New Road next to the supermarket car park. Interested parties should note that Eastover is currently undergoing improvements under the Celebration Mile initiative as part of the government-funded Bridgwater Town Deal. This wider regeneration project is designed to enhance Bridgwater’s appeal as a vibrant economic centre, creating new opportunities for local businesses and supporting long-term growth. The property has been occupied by commercial tenants for many years but is now offered with vacant possession with a ground floor trading area and ancillary upper floors in the heart of the town centre. VAT - We understand VAT is applicable. Tenure - Freehold EPC - D A large property with flexible 3908 Sq Ft accommodation now in need of modernisation offering a wide range of opportunities. We understand that conversion works on the upper floors commenced in January 2020 under permitted development rights before the rules changed in August 2021 (after which prior approval was needed). This could be interpreted as the works being mid conversion and would positively affect the planning status – interested parties must make their own enquiries/please refer to online legal pack. BREAK UP OPPORTUNITY There is scope to split the property into 2 commercial units for both resale and rental. MIXED USE | HMO | £55k pa There is scope to create a high yielding mixed use investment property comprising 1 or 2 retail units and either flats or an HMO across the upper floors. Please note the upper floors to the Eastover Building already have independent access. There is scope to create a 5 bedroom HMO with potential for £600 pcm (£36,000 pa) plus income for the retail unit(s) with potential for a total income of circa £55,000 pa. All above subject to gaining the necessary consents. Sian Betts Barrington & Sons 01278 782371 [email protected] https://www.barrington-sons.co.uk/ EXTENDED COMPLETION Completion is set for 8 weeks or earlier subject to mutual consent.