** OFFERS INVITED **
A fully let mixed-use freehold investment property comprising a ground floor retail unit with five bedsits and one apartment above. The property offers a steady income stream and is located in a prominent position on the main eastern approach road into Minehead town centre. The asking price has been reduced, presenting an attractive opportunity for investors.
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf.
Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department.
The cost of any change of planning use is the buyer’s responsibility.
COUNCIL TAX BAND
A&B
VIEWING
Viewing strictly by appointment with the sole selling agent.
BUSINESS RATES
£7,500 UBR. As of April 2026, the Uniform Business Rate (UBR) multipliers are 43.2p in the pound for properties with a Rateable Value below £51,000 and 48.0p for properties at £51,000 or above.
The Rateable Value has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should verify the current Rateable Value and multiplier with the Valuation Office Agency or via the GOV.UK website.
Small Business Rate Relief (up to 100%) may apply for properties with a Rateable Value below £12,000, subject to eligibility and local authority assessment.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
SERVICES AND UTILITIES
Mains electricity, water and drainage.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk
AGENTS NOTE
*We have been verbally advised by the vendor that there is an exemption on the EPC ratings for the flat and the bedsits. Originally rated F&G. This exemption is held for 5 years from 23rd of August 2024. Contact our office for more information.
