Development | Resi Planning | TA6

This freehold property represents a noteworthy development opportunity in Bridgwater. Occupying a strategic corner position, this commercial building spans approximately 3207 sq ft and has received planning permission for the construction of 10 residential units alongside two commercial spaces. The current layout includes ground floor space operating as a Post Office, yielding a monthly rental income of £2,000 and providing immediate cash flow to potential investors. The upper floor offers vacant office accommodations, which could be repurposed to enhance the planned residential scheme. With Bridgwater undergoing significant regeneration under the Celebration Mile initiative, this site is well-positioned for future growth and increased value. Investors will benefit from the granted planning (Application Number: 08/22/00076) for two retail units and ten flats, consisting of eight one-bedroom and two two-bedroom apartments. Note that the existing planning permission is set to expire in August 2026, creating an urgent yet exciting window for development.