Francis House – Market Street

Description

INVESTMENT SUMMARY
• Highbridge is a coastal town in the county of Somerset, located approximately 10 miles (16km) south of Weston-super-Mare and 35 miles (40km) southwest of Bristol.
• The subject property is located just 7 miles (11km) east of Hinkley Point C, one of Europe’s largest infrastructure projects, and 6 miles (9.6 km) from The Gravity Smart Campus, a £4 billion gigafactory set to generate 4,000 high value jobs.
• The subject property is situated on the southern side of Market Street.
• The ground floor is let to One Stop Stores Limited at a rental of £35,000 per annum for a term of 15 years, with a 10 year break option.
• The upper parts comprise six residential flats benefiting from vacant possession with an ERV of £67,067.
• The total potential income is £102,067 per annum.
• Freehold.