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18 bed commercial property for sale Park Place, Weston-super-Mare, BS23

Asking price
£800,000

Added yesterday

Type
Commercial Property
Bedrooms
18
Tenure
Freehold

About this property

Nestled in the heart of Weston-super-Mare, this exceptional freehold, commercial, hotel presents a lucrative investment opportunity for hospitality entrepreneurs and investors alike. Boasting a prime location and a comprehensive range of amenities, this property is poised to elevate the hospitality experience to new heights. Situated in a bustling area with high foot traffic, the hotel enjoys excellent visibility and accessibility, making it a preferred destination for locals and tourists alike.

Floorplan

Council tax

Ask agent
Per year
  • Band A
    £1,661
  • Band B
    £1,938
  • Band C
    £2,214
  • Band D
    £2,491
  • Band E
    £3,045
  • Band F
    £3,598
  • Band G
    £4,152
  • Band H
    £4,982

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In North Somerset, 2026/27 bills run from £1,661 a year in band A to £4,982 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across North Somerset, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Park Place, Weston-super-Mare, BS23

Mortgage and stamp duty

Property price £800,000
£400k £1.2m
Deposit10% £80,000
£0 £800k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £720,000 mortgage. Most lenders would want a household income of about £160,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Garden Flat, 15, Park Place Flat / maisonetteMar 20261,184 sq ft £182/sq ft£215,000
Flat 2, 11, Park Place Flat / maisonetteOct 2025463 sq ft £194/sq ft£90,000
16, Park Place Semi-detachedJun 20252,573 sq ft £146/sq ft£375,000
Ground Floor Flat, 15, Park Place Flat / maisonetteJul 20241,184 sq ft £261/sq ft£309,500
Flat 3, 2, Park Place Flat / maisonetteOct 2022312 sq ft £356/sq ft£111,000
Flat E, 6, Park Place Flat / maisonetteOct 20222,669 sq ft £88,500
Ground Floor Flat, 7, Park Place Flat / maisonetteMar 2022721 sq ft £206/sq ft£148,500
First Floor Flat, 7, Park Place Flat / maisonetteJul 2021721 sq ft £166/sq ft£120,000

All sales on Park Place → All sold prices in Weston-super-Mare →

Area insights

The neighbourhood around this property.

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