the south west |
A WESTON SUPER MARE VIEW W
By Michael Ripley, Stephen & Co
hen is the best time to be beside the seaside? Many would say not in December or in the Winter period, however, Weston super Mare is currently bucking the trend with Icescape in the former Tropicana providing a major Winter attraction with skating, including a slide. This is enhanced by the opening of Dolphin Square, now partly re-built, and although only in the first stage of trading, Nando’s, Pizza Express, Costa Coffee and Luda are already open, with multi-screen cinema due to open early in the New Year. This has added to the attractions and with the completely re-vamped Winter Gardens, forming part of Weston
College, and the adjacent former Italian
Gardens, which have been totally re-
Michael Ripley furbished,
things are certainly looking up. Regrettably, there has not been a similar improvement in the retail market, although it is early days, as far as the benefits of these recent developments are concerned, to have a significant impact on the High Street. Unfortunately, Brexit and internet shopping does not help.
...Weston super Mare is currently bucking the trend with Icescape in the former Tropicana providing a major Winter attraction with skating, including a slide.
Residential expansion is significant in the surrounding area and this is leading to a much improved market for industrial and warehouse premises, where the take up of space moves forward with significant
movement on the Weston Industrial Estate, Winterstoke Road and other industrial estates, leading to a reduction in the amount of available space and the inevitable improvement in both rents and freehold values. This will, I am sure, in due course encourage further development, which will compliment the existing developments where new space has been created, mainly for owner/occupation and often on pre-let or pre-sale basis on the airport with further development due to take place adjacent to Junction 21 of the M5 Motorway. This Junction is also scheduled to be upgraded again. There is therefore every reason to be optimistic for the future of Weston super Mare, from the commercial point of view, which can only benefit from the development of Hinckley Point C, which is now going forward leading to reduced availability of space in the Bridgwater area and no doubt a move for companies to seek premises a little further afield with Weston super Mare fitting the bill.
2018 therefore looks to be a promising
year, although the Brexit question must still be resolved.
WIDE SELECTION OF COMMERCIAL PROPERTY INDUSTRIAL
Highbridge - Commerce Way Close to Junction 22 of M5 motorway Commercial workshop premises extending to approx 371.42 sq.m (3,998 sq.ft) with adjoining offices Inspection pit Three phase electricity Dedicated yard area New lease available rent £19,200 pax
Newport - South Wales Commercial vehicle repair workshop to let Approx 417.85 sq.m (4,500 sq.ft) Vehicle inspection pit Offices available, if required
Forming part of extensive industrial development with good access to M4 motorway and all parts of South Wales
New lease available Rent £20,000 pax
Winterstoke Road, Weston-super-Mare Substantial former builder’s merchants yard and premises
Within half a mile of town centre COMMERCIAL PROPERTY MONTHLY 2017
Warehouse space extending to approx 786.35 sq.m (8,464 sq.ft)
Assignment of existing lease having two years to run Rent £55,000 pax
SHOPS Waterloo Street, Weston-super-Mare former Lloyds Pharmacy premises approx 60 metres from the High Street and all amenities Ground floor area approx 161.19 sq.m (1,735 sq.ft) Substantial first floor storage capable of alternative uses
Rear servicing office and ancillary facilities New lease available rent £27,500 pax or consideration given to freehold sale with vacant possession
Boulevard, Weston-super-Mare Former mini market, suit similar type of use Extensive ground floor approx 3.079 sq.ft (286.1 sq.m) with double frontage Rear servicing and parking Suitable alternative uses, eg restaurant, subject to necessary consents New lease available rent £20,000 pax
Station Road, Weston-super-Mare Showroom premises adjacent to Tesco store and short distance from railway station Few yards from Town Hall and seafront beyond Suit wide range of retail uses, or alternatively catering subject to necessary consents Ground floor area approx 2000 sq.ft (185.80 sq/m). Frontage 257 ft (23.92 m) including 3 rear storage rooms, kitchen and WC
First floor: 1,947 sq.ft (180.88 sq.m) currently divided into 4 separate offices and pen-plan area Limited parking
Assignment of Head Lease available with approx 15 years to run Rent £8,200 pax Alternatively, New sub-lease considered, asking rent £18,500 pax
STEPHEN & CO. CHARTERED SURVEYORS VALUERS AUCTIONEERS & ESTATE AGENTS 13 & 15A Waterloo Street WESTON-SUPER-MARE BS23 1UP Tel: 01934 621101 • Fax: 01934 621519
www.stephenand.co.uk
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