A four storey freehold property situated within the seaside town of Burnham-on-Sea and arranged as a ground floor commercial unit with a flat and maisonette situated on the upper three floors. Located within a stone's throw of the sea front and close to the town centre, the property requires a programme of improvement works while individuals may wish to consider conversion of the ground floor commercial unit, subject to all necessary consents being obtainable.
1 Regent Street Ground Floor Principal shop floor, office, staff kitchen, cloakroom with W.C. and various store areas.
Tenancy Currently vacant. The unit has most recently been used as a hairdressers, having previously been a pharmacy shop.
EPC Rating C (61) Floor area 105 sq.m.
1A Regent Street Ground Floor Stairs leading to communal entrance at first floor level.
First Floor Entrance hall, living room, kitchen/dining room, cloakroom with W.C., steps leading to inner hallway, two bedrooms and shower room with W.C. Independent access point from The Esplanade.
Tenancy Currently vacant.
Council Tax Band B
EPC Rating E
1B Regent Street Maisonette situated over the third and fourth floors with sea views and having a communal entrance at first floor level.
Outside Area of hardstanding currently used for parking.
Tenancy Let under the terms of an Assured Shorthold Tenancy Agreement, dated 5th March 2019, at a current rental of 780.50 per calendar month.
Auctioneer's Note At the time of publication the auctioneers have not inspected the entire property. Interested applicants should make their own enquiries to verify the information provided.
Freehold with Part Vacant Possession
Residential EPC: TBC
Commercial EPC: TBC
Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/
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