Holloway Street, Minehead

This freehold mixed-use development presents a compelling investment opportunity in the heart of Minehead. Featuring a fully refurbished restaurant, which is currently generating income through a long-term tenant, this property also includes five residential flats that require varying degrees of renovation to unlock their full potential. The restaurant area boasts two indoor seating zones, a servery/bar, a customer toilet, two commercial kitchen spaces, and an inviting walled garden perfect for outdoor dining. Over the past decade, crucial roof improvements have been made in stages, with the final phase scheduled for completion by June 2024. The residential units consist of a mix of one three-bedroom flat, two one-bedroom flats, one studio flat, and one two-bedroom flat spread across three floors. With strategic refurbishment efforts on the residential component, this property could substantially enhance its income-generating capabilities in a sought-after location.