Francis House 12B - 14 Market St 6,583 SF 100% Leased Retail Building Highbridge TA9 3BP $2,300,198 CAD ($349.41 CAD/SF) 7% Cap Rate

Francis House is a freehold mixed-use convenience investment situated on Market Street in the centre of Highbridge, a well-connected Somerset town close to major economic hubs including Hinkley Point C and the Gravity Smart Campus, both of which are driving substantial regional growth. The property comprises a prominent ground-floor retail unit let to One Stop Stores Limited on a 15-year lease from June 2025 at £35,000 per annum, alongside six self-contained upper-floor residential flats sold with vacant possession, offering an immediate opportunity to enhance income. The residential element provides a projected ERV of £67,067 per annum, taking the total potential income to £102,067 per annum. The building is arranged over three storeys, with the commercial unit benefitting from dedicated servicing to the rear and a car parking space at Highbridge Quay. Positioned just 0.1 miles from Highbridge & Burnham Station and only 0.6 miles from the M5, the property offers strong long-term fundamentals supported by significant ongoing inward investment and sustained demand for rental accommodation in the area.