Abingdon Street, Burnham-on-Sea £349950

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Abingdon Street, Burnham-on-Sea

£349,950

*AN OPPORTUNITY FOR INVESTMENT * - TO PURCHASE THE FREEHOLD OF A CENTRALLY SITUATED TWOSTOREY BUILDING WITHIN A 2-MINUTE WALK OF THE ESPLANADE

1 Abingdon Street, Burnham-on-Sea, Somerset, TA8 1PH

Tel: 01278 78 22 66 Fax: 01278 79 21 23

www.abbottandfrost.co.uk [email protected]

*INVESTMENT OPPORTUNITY*

TENURE:

OF INTEREST TO INVESTORS TO PURCHASE THE FREEHOLD OF A THRIVING BUSINESS IN THE HEART OF THE TOWN, ALONG WITH SEPARATELY RENTED 3 BEDROOM FLAT ABOVE

The Cafe is let on a 10-year Lease (dated 19 April 2016) with 3-year rent reviews at the annual rent of £15,500.

THE PROPERTY: Coffee Corner Cafe plus First Floor Flat with Living Room, Kitchen, 3 Bedrooms, Bathroom, Gas Central Heating and Part Double Glazing.

RATEABLE VALUE: 2016/17 - £6,400 Small Business Rates Relief discount is available for this property. Recent Accounts available for viewing upon request in our office.

FIRST FLOOR FLAT LIVING ROOM:

The Cafe was run by the Freeholder from the spring of 2011 - April 2016. At this point, the premises were leased on a 10-year Lease with 3-year rent reviews.

LOCATION: The premises is sited in a most prominent position in the town with nearby coach park, car park, high street and seafront.

Tel: 01278 78 22 66 Fax: 01278 79 21 23

BEDROOM 1: Radiator and double glazed window. Wooden shelf and recess above. Ceiling spotlights. Loft access.

BEDROOM 2: ACCOMMODATION

COFFEE CORNER CAFE:

steel sink unit with mixer tap and tiled splash back. Space and plumbing for washing machine. Wood effect flooring, ceiling spotlights and hanging light fitments, radiator and large 'sash' window.

Wood effect flooring, coved ceiling, ceiling spotlights, radiator and 'sash' window.

KITCHEN: Range of base & drawer units with contrasting work surfaces and tall cupboards. Breakfast bar with integrated oven and ceramic 4-ring hob combination island with cupboards under and extractor hood over. Inset single drainer stainless

Radiator and 'sash' window. Television aerial point. Ceiling spotlights and coved ceiling. Wooden frame headboard.

BEDROOM 3: Radiator & two double glazed windows. Ceiling spotlights. Wooden frame headboard.

BATHROOM: White suite comprising panelled bath. Pedestal wash hand basin h/c with tiled splash back and low level WC. Wood effect flooring, radiator, 'sash' window and ceiling spotlights. Cupboard, mirror with glass shelf. www.abbottandfrost.co.uk [email protected]

Toilet roll holder.

SERVICES: Mains water, gas, electricity and drainage are connected.

TENURE: Leasehold. Vacant Possession on Completion.

OUTGOINGS: Sedgemoor District Council THE FLAT: Tax Band: A We are informed by the Freeholder that the Flat is rented on a 6-month Assured Shorthold Tenancy at £600 PCM. The Freeholder notifies us that, previously, the Flat had been rented out at £650 PCM. Details by: AA

Tel: 01278 78 22 66 Fax: 01278 79 21 23

www.abbottandfrost.co.uk [email protected]

Tel: 01278 78 22 66 Fax: 01278 79 21 23

www.abbottandfrost.co.uk [email protected]

Energy Performance Certificate Non-Domestic Building COFFEE CORNER 1, Abingdon Street BURNHAM-ON-SEA TA8 1PH

Certificate Reference Number: 0561-0435-2009-6492-7092

This certificate shows the energy rating of this building. It indicates the energy efficiency of the building fabric and the heating, ventilation, cooling and lighting systems. The rating is compared to two benchmarks for this type of building: one appropriate for new buildings and one appropriate for existing buildings. There is more advice on how to interpret this information on the Government's website www.communities.gov.uk/epbd.

Energy Performance Asset Rating

Technical Information

Benchmarks

Main heating fuel: Natural Gas Building environment: Heating and Natural Ventilation 103 Total useful floor area (m2):

Buildings similar to this one could have ratings as follows:

Building complexity (NOS level):

3 Building emission rate (kgCO2/m2): 164.05

If newly built If typical of the existing stock

Green Deal Information The Green Deal will be available from later this year. To find out more about how the Green Deal can make your property cheaper to run, please call 0300 123 1234.

THE VENDORS AGENTS HAVE NOT HAD THE OPPORTUNITY OF TESTING ANY OF THE SERVICES AT THE PROPERTY TO ENSURE THAT THEY ARE IN WORKING ORDER. ANY PROSPECTIVE PURCHASERS MUST SATISFY THEMSELVES THAT ALL SERVICES AND APPLIANCES ARE IN WORKING ORDER. WHILE EVERY EFFORT HAS BEEN MADE TO ENSURE THEIR ACCURACY, THE MEASUREMENTS ARE ONLY TO BE TAKEN AS APPROXIMATE & FOR GUIDANCE PURPOSES ONLY.

Abbott & Frost 18 College Street Burnham on Sea Somerset, TA8 1AE

Tel: 01278 78 22 66 Fax: 01278 79 21 23 www.abbottandfrost.co.uk [email protected]