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£550,000
Holloway Street, Minehead, TA24
- 8 beds
£550,000
- 8 beds
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Estimate monthly mortgage payment:
£2,511 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£27,500
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Exciting freehold mixed use development opportunity comprising fully refurbished restaurant with indoor and outdoor seating together with 5 flats in need of renovation. Situated in a convenient location in the centre of Minehead.
The property benefits from having the roof totally re done in stages over the past 10 years, with the final bit due to be completed in June 2024.
Restaurant - The restaurant has already been refurbished and comprises 2 indoor seating areas, servery/bar, customer toiler, 2 areas of commercial kitchen and a walled garden ideal for outdoor seating.
First Floor - 1 x 2 bedroom flat and 1 x studio flat.
Second floor - 2 x 1 bedrooms flats.
Third Floor - 1 x 3 bedroom flat.
The building offers considerable potential a lucrative income. For further details please contact the selling agents.
The property benefits from having the roof totally re done in stages over the past 10 years, with the final bit due to be completed in June 2024.
Restaurant - The restaurant has already been refurbished and comprises 2 indoor seating areas, servery/bar, customer toiler, 2 areas of commercial kitchen and a walled garden ideal for outdoor seating.
First Floor - 1 x 2 bedroom flat and 1 x studio flat.
Second floor - 2 x 1 bedrooms flats.
Third Floor - 1 x 3 bedroom flat.
The building offers considerable potential a lucrative income. For further details please contact the selling agents.
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£2,511 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£6,250
Mortgage and legal costs:
£999
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