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

Asking price

£575,000

Added yesterday

Type: Commercial Property
Bedrooms: 8
Tenure: Freehold

About this property

An impressive, freehold commercial property housing an established holiday letting operation. Advised by the vendor to have traded successfully for many years, this freehold property comprises seven apartments plus owners/managers accommodation. The vendor reports an excellent reputation, strong reviews and repeat guests, with a reported Booking.

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

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Mortgage and stamp duty

Property price £575,000

£287k £863k

Deposit10% £58,000

£0 £575k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £517,000 mortgage. Most lenders would want a household income of about £115,000 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.

Address	Type	Sold	Size	Size	£/sq ft	Price
Garden Flat, 15, Park Place Flat / maisonette	Flat / maisonette	Mar 2026	1,184 sq ft £182/sq ft	1,184 sq ft	£182	£215,000
Flat 2, 11, Park Place Flat / maisonette	Flat / maisonette	Oct 2025	463 sq ft £194/sq ft	463 sq ft	£194	£90,000
16, Park Place Semi-detached	Semi-detached	Jun 2025	2,573 sq ft £146/sq ft	2,573 sq ft	£146	£375,000
Ground Floor Flat, 15, Park Place Flat / maisonette	Flat / maisonette	Jul 2024	1,184 sq ft £261/sq ft	1,184 sq ft	£261	£309,500
Flat 3, 2, Park Place Flat / maisonette	Flat / maisonette	Oct 2022	312 sq ft £356/sq ft	312 sq ft	£356	£111,000
Flat E, 6, Park Place Flat / maisonette	Flat / maisonette	Oct 2022	2,669 sq ft	2,669 sq ft	n/a	£88,500
Ground Floor Flat, 7, Park Place Flat / maisonette	Flat / maisonette	Mar 2022	721 sq ft £206/sq ft	721 sq ft	£206	£148,500
First Floor Flat, 7, Park Place Flat / maisonette	Flat / maisonette	Jul 2021	721 sq ft £166/sq ft	721 sq ft	£166	£120,000