Studio · BS23 1ST
For saleListed 386 days
Opportunity summary
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About
Exceptional Mixed-Use Investment Opportunity – Weston-super-Mare Town Centre.
David Plaister Ltd are delighted to offer to the market this superb mixed-use investment property, ideally positioned in the heart of Weston-super-Mare.
Just a short distance from the town centre, seafront, and mainline train station, this property enjoys an enviable location with excellent amenities and transport links on the doorstep.
The property comprises a ground floor restaurant together with eight self-contained residential flats above. All units are fully tenanted, providing immediate rental income for an incoming investor.
Total Gross Income: £150,720 per annum (approx.) The vendor has advised the following: The ground floor commercial space is let on a 7-year lease; each flat is rented on a 12-month assured shorthold tenancy with deposits taken; every apartment has valid eicr and gas safety certification; all units, including the commercial element, benefit from separate gas, water, and electricity meters; and full planning permissions and building regulations were obtained and signed off at the time of conversion.
This property represents an attractive, ready-made investment with a strong rental yield and existing tenants in situ.
Its central location attracts high demand, making it an excellent addition to any portfolio.
EPC Ratings: B82 - C69 | Council Tax Bands: A | Business Rates may apply Commercial Unit A pedestrian entrance door and impressive glazed shopfront leading into the main restaurant area.
Main Restaurant / Bar A well presented buffet style restaurant, recently refurbished throughout with wood effect laminate vinyl tile flooring, fitted seating booths, buffet style serving area with heat lamps, fitted bar and reception, doors to rear hallway, door to toilet facilities.
The restaurant area is finished with impressive decorative features, ceiling lights and air-conditioning units. Toilet Facilities Three separate toilet cubicles: Male, female, and disabled toilets.
Rear Hallway Walk In Refrigerator Kitchen Residential Apartments Entrance / Stairs To the left-hand side of the property there is a separate entrance door into a communal area with a stair flight rising to the first and second floors with communal hallways leading to the apartments.
First Floor Communal Hallway Apartment One Two bedroom first floor apartment. Hallway Doors to principal rooms, radiator, ceiling light.
Kitchen / Living Room Two UPVC double glazed windows, a range of wall and floor units with worktops, tiled splashback, stainless steel sink and drainer, four ring gas hob with oven under and extraction hood over, space for appliance, two radiators, ceiling lights, cupboard housing gas fired boiler.
Bedroom One Two UPVC double glazed windows, radiator, ceiling light.
Bathroom Low-level WC, panelled bath with glass screen and shower over, wash handbasin and pedestal, heated towel rail, extractor fan and ceiling light.
Bedroom Two UPVC double glazed window, radiator, ceiling light. Apartment Two One bedroom first floor apartment. Hallway Doors to rooms, useful built-in storage cupboard, ceiling light.
Kitchen Living Room Two UPVC double glazed windows, wall and floor units with worktops and tiled splashback, four burner gas hob, oven under and extraction hood over, stainless steel sink and drainer, space for appliances, cupboard housing wall mounted gas fired boiler, two radiators, ceiling lights.
Shower Room Low-level WC, enclosed shower, UPVC double glazed window, wash hand basin, heated towel rail, extractor fan and ceiling light.
Bedroom One UPVC double glazed window, radiator, ceiling light. Apartment Three Two bedroom first floor apartment. Hallway Doors to principal rooms, radiator, ceiling lights.
Bedroom One UPVC double glazed window, radiator, ceiling light. Bedroom Two UPVC double glazed window, built-in storage cupboard housing gas fired boiler, radiator, ceiling light.
Bathroom Low-level WC, panelled bath and shower attachment with glass screen over, wash hand basin, extractor fan and ceiling light.
Kitchen / Living Room Two UPVC double glazed windows, radiators, wall and floor units with worktops and tiled splashback over, four burner gas hob with oven under and extraction hood over, stainless steel sink, space for appliance, ceiling lights.
Apartment Four First floor two bedroom apartment currently used as staff accommodation and ancillary space for the ground floor restaurant.
Hallway Kitchen / Living Room Rear Hallway From the rear hallway, there is an external door leading to the external staircase for a second access.
Bathroom Bedroom One Bedroom Two Store Room Second Floor Communal Hallway Apartment Five Second floor one bedroom apartment. Hallway Doors to rooms, ceiling light.
Kitchen / Living Room Wall and floor units, worktops and tiled splashback over, stainless steel sink and drainer, gas hob with oven under and extraction hood over, cupboard housing gas fired boiler, space for appliances, three UPVC double glazed windows, radiator, ceiling lights, roof access hatch.
Shower Room Low-level WC, wash hand basin and pedestal, enclosed shower, heated towel rail, extractor fan and ceiling light. Bedroom UPVC double glazed window, radiator, ceiling light.
Apartment Six Second floor one bedroom apartment.
Hallway Kitchen / Living Room Wall and floor units with worktops and tiled splashback over, inset stainless steel sink and drainer, gas hob with oven under and extraction hood over, space for appliance, two UPVC double glazed windows, radiator, roof access hatch, ceiling lights, built in storage cupboard housing gas fired boiler.
Shower Room Low-level WC, wash hand basin, enclosed shower, heated towel rail, extractor fan and ceiling light. Bedroom UPVC double glazed window, radiator, ceiling light.
Apartment Seven Second floor two bedroom apartment. Hallway Doors to rooms, built in storage cupboard housing wall mounted gas fired boiler, radiator, ceiling lights.
Kitchen / Living Room Wall and floor units, stainless steel sink and drainer, gas hob with oven under and extraction hood over, space for appliances, radiator, ceiling light, UPVC double glazed window, door leading to external staircase, ceiling lights.
Shower Room Low-level WC, wash hand basin and pedestal, enclosed shower, heated towel rail, extractor fan and ceiling light. Bedroom One Two UPVC double glazed windows, radiator, ceiling light.
Bedroom Two UPVC double glazed window, radiator, ceiling light. Apartment Eight Second floor two bedroom apartment.
Hallway Doors to rooms, built in storage cupboard housing wall mounted gas fired boiler, radiator, roof access hatch.
Kitchen / Living Room Wall and floor units with worktops and tiled splashback over, stainless steel sink and drainer, gas hob, oven under and extraction hood over, space for appliances, two UPVC double glazed windows, radiator, ceiling lights.
Bathroom Low-level WC, wash hand basin and pedestal, panelled bath with shower and glass screen over, heated towel rail, extractor fan and ceiling light.
Bedroom One UPVC double glazed window, radiator, ceiling light. Bedroom Two Two UPVC double glazed windows, radiator, ceiling light.
Outside Rear To the rear of the property, there is a right of access over the neighbouring rear courtyard area leading to a designated parking area.
Rear External Staircase Parking Currently used to place two timber framed storage sheds. Tenure Freehold.
Rent Schedule Ground floor commercial space: £36,000 pa Flat 1: £1195.00 pcm Flat 2: £1095.00 pcm Flat 3: £1195.00 pcm Flat 4: £1495.00 pcm Flat 5: £1095.00 pcm Flat 6: £1095.00 pcm Flat 7: £1195.00 pcm Flat 8: £1195.00 pcm The Vendor Has Advised The Following The ground floor commercial space is let on a 7-year lease.
Each apartment is rented on a 12-month assured shorthold tenancy with deposits taken.
Every apartment has a valid eicr and gas safety certificate and is separately metered for gas, water, and electricity. The ground floor commercial unit also has its own separate meters.
All necessary planning permissions and building regulations approvals were obtained and signed off following the conversion. Services Mains gas, electricity, water, drainage. 360 Virtual Tour
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 30-36,, St. James Street, North Somerset
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