Sunset House 2 Esplanade 349 SF 100% Leased Retail Building Burnham On Sea TA8 1BB $632,886 ($1,813.43/SF)

Investment opportunity, asking price £495,000.
Freehold- The Whole of the Building is being offered For Sale: 3 flats and 2 shop units.
Possession will be given according to the state of play with any tenants in occupation or subject to any negotiations.
The property comprises Three Flats and 2 Shop Units (one unit, currently split into two shops). The First and Second Floor Flats occupy the majority of those two floors, whilst the Ground Floor Flat is to the rear of the shops and could easily be connected, should the owner/occupier wish to run a home and business. There is a forecourt/parking area at the front of the property.
Standing on the seafront in the Somerset seaside town of Burnham-on-Sea. There are most pleasant sea views from the windows facing over The Esplanade. The High Street, which provides excellent shopping facilities, is approximately 100 yards away. Access to the M5 Junction 22 is approximately 3 miles. Mainline railway in Highbridge. Built of traditional construction with rendered external elevation. The roof appears to be of slate.
Shops: At present the property is grossing £31,680 in rent. It is believed that a review/uplift would not be appropriate. At present, the two shop units are joined into one by a centrally located doorway. This ideally forms one shop, however, should it be desired to split the shop into two units, this is easily done by closing off the doorway. In addition to this there is a ground floor flat immediately to the rear of the shop, which would be ideal should the 'shop owner' wish to live 'on the premises'. Please consult with A&F for further information.
SHOP UNIT 1 5.24m x 3.73m (max) Entrance door, shop front, fitted shelving, counter, small sink and fluorescent strip lighting.
LOBBY
CLOAKROOM Low-level WC and wash hand basin with instantaneous water heater over.
CONNECTING DOOR
SHOP UNIT 2 4.66m x 2.78m Entrance door, fitted shelving, sink, counter and fluorescent strip lighting.
CLOAKROOM Low-level WC and wash hand basin with instantaneous water heater over.
OUTGOINGS Sedgemoor District Council Small Business Rates Relief applies if this is your ONLY business. Therefore understood to be zero-rated. Should this be a second business, then Business Rates would amount to £17,000 p/a, on each shop unit.