Holloway Street, Minehead

This freehold mixed-use property presents a valuable investment opportunity in the heart of Minehead, featuring a fully refurbished restaurant that generates immediate income alongside five residential flats that require renovation. The building's roof has been systematically repaired over the last decade, with the final section scheduled for completion in June 2024, ensuring a sound structure for future developments. The restaurant, already modernized, includes two indoor dining areas, a bar/servery, customer restroom facilities, and two commercial kitchen spaces. An attractive walled garden enhances the outdoor dining experience. Currently occupied by a long-term tenant, it offers a reliable revenue stream. On the upper floors, the arrangement consists of one 2-bedroom flat and one studio on the first floor, two 1-bedroom flats on the second floor, and a spacious 3-bedroom flat on the third floor. Each unit presents significant renovation potential to maximize rental yields. Given its central location and existing infrastructure, this property could be transformed into a lucrative asset with focused investment in the residential units.