This significant freehold commercial property is strategically positioned on a prominent corner in the heart of Burnham-on-Sea, benefiting from high visibility and foot traffic just a short stroll from the seafront. With full planning permission granted (Ref: 11/24/00064), the ground floor is set to be transformed into retail space, while the upper floors will be converted into eight residential apartments, making it an ideal mixed-use investment opportunity.
The property's layout allows for diverse commercial enterprises at street level, complemented by desirable living spaces above. This combination ensures multiple income streams from both retail and residential elements, appealing to investors looking for long-term returns in this sought-after coastal area.
The interior features a spacious trading floor with robust steel fixtures and ample natural light through the surrounding windows. A rear hallway provides essential access, including an elevator for convenience. The upper floors showcase exposed brickwork and a blend of single-glazed windows that could benefit from modern upgrades, enhancing their visual appeal.
As demand for well-located residential properties continues to rise in Somerset, this site represents an excellent opportunity for developers eager to capitalize on its redevelopment potential. With planning already secured and a prime location established, this property is ready for immediate progression toward a lucrative mixed-use project.