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Weston buffet restaurant property – and eight apartments above – up for sale

A RESTAURANT – and eight apartments above – in the heart of Weston-Super-Mare is up for sale.

The mixed-use property in St James Street, which houses the Amazing Asia buffet restaurant, is on the market with David Plaister Ltd with an asking price of £1.5 million.

“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 listing said.

“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.”

The property brings in a total gross income of around £150,720 per year, the listing added, with the restaurant on a seven-year lease, and each flat rented on a 12-month assured shorthold tenancy with deposits taken.

“This property represents an attractive, ready-made investment with a strong rental yield and existing tenants in situ,” the listing added.

“Its central location attracts high demand, making it an excellent addition to any portfolio.”

For more details, log on to rightmove.co.uk/properties/167680529#/?channel=RES_BUY.

READ MORE: See more Somerset properties and businesses up for sale

 

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