Canal House, 1 Market Street... Residential development for sale

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Canal House, 1 Market Street... Residential development for sale

Canal House, 1 Market Street, Highbridge, Somerset TA9 3BW
£199,950

Price History

Initial price £350,000
10/06/25 £275,000
12/08/25 £199,950
Price Change -42.87%

Description

This land in Highbridge, Burnham-On-Sea, is being sold via unconditional auction on September 9th, 2025, with a guide price of £199,950 plus fees. The land has approved planning permission for two separate developments: 14 apartments with a restaurant and leisure facility, and 29 luxury apartments with undercroft parking and a lift. The site is located in the heart of Highbridge, with a prominent corner position and close proximity to the M5 motorway, train station, and Bristol airport. The area is expected to see significant growth due to the construction of a giga factory, Hinckley Point Power Station, and industrial sites. The property has a rich history, with planning permission dating back to 2010, and has been re-submitted in 2023. The sale includes a legal pack and administration fee of £1,200 inc VAT, payable on exchange of contracts. Viewings are available by appointment.