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Stokes Croft, Bristol

Key features

  • Substantial Mixed Use Investment
  • Fully let producing a Gross Annual Rent of £120,000pa
  • Central Location
  • Break-up Opportunity

Description

A substantial mixed-use investment property arranged as a ground floor shop and restaurant, 4 flats above, with 3 further mews houses to the rear.

The property is fully let producing a gross annual rent of £120,000pa.

The property is situated in a bustling position in Stokes Croft and would make an ideal mixed-use investment property.

Description - A substantial mixed-use investment arranged as a ground floor shop, restaurant, 4 flats above, and 3 mews houses to the rear.
The property is fully let producing a gross annual rent of £120,000pa.

Location - Situated in a popular location on Stokes Croft within close proximity of the Caribbean Croft, the Canteen and No. 51 Stokes Croft.

Schedule Of Accomodation - COMMERCIAL UNITS: Arranged as a retail unit and takeaway (approx. 1,816 ft²/ 168.7 m²)

MEWS HOUSE 1: 2 bedroom house (65m²)
MEWS HOUSE 2: 2 bedroom house (67m²)
MEWS HOUSE 3: 1 bedroom house (50m²)
FLAT 1: 1 bedroom flat (42m²)
FLAT 2: 1 bedroom flat (48m)
FLAT 3: 1 bedroom flat (43m²)
FLAT 4: 1 bedroom flat (48m²)

Floor Plan - The floor plan and areas provided are for indicative purposes only and should not be relied on. We understand the internal configuration of the commercial parts has since been amended.

Vat - We understand the property is elected for VAT and would therefore anticipate a sale by way of a Transfer of a Going Concern (TOGC).

Viewing - Strictly by appointment with Maggs and Allen



Energy Performance Certificate - Ground Floor (Commercial): D
Mews House 1: C
Mews House 2: C
Mews House 3: C
Flat 1: D
Flat 2: D
Flat 3: D
Flat 4: C

Tenancy Details -

Commercial - The two commercial units are let on a 12 year effectively full repairing and insuring term from the 1st September 2020 at a passing rent of £33,000pa.

Residential - We understand the flats and houses are all let on Assured Shorthold Tenancy agreements on the following rents:
Mews House 1: £1,200pcm
Mews House 2: £1,300pcm
Mews House 3: £950pcm
Flat 1: £950pcm
Flat 2: £950pcm
Flat 3: £950pcm
Flat 4: £950pcm

Control Of Asbestos Regulations - As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for asbestos and therefore recommend all interested parties to make their own enquiries.

Brochures

35-37 Stokes Croft Brochure.pdf
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Stokes Croft, Bristol

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Montpelier Station0.5 miles
  • Redland Station0.6 miles
  • Clifton Down Station0.9 miles
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About the agent

Maggs & Allen, Auction, Commercial & Investment

60 Northumbria Drive, Henleaze, Bristol, BS9 4HW

Maggs & Allen, Auction, Commercial & Investment

Auction, Commercial and Investment Property Services

Maggs + Allen offer a complete property solution for both the public and professional markets.

We are:

* Chartered Surveyors

* Auctioneers

* Commercial Sales & Letting Agents

* Land & New Homes

* Licensed Estate Agents

* Residential Letting & Management Agents

Maggs & Allen can advise and help with all your Property requirements from the leasing, sale or acquisition of offices, shops, in

More properties from this agent

Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 33060520. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Maggs & Allen, Auction, Commercial & Investment. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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