Mixed Use for sale

Charlton Road, Brentry, Bristol

Sold STC £215,000

Property Description

Full description

**MIXED-USE INVESTMENT***
Opportunity to purchase this fully let investment arranged as a ground floor takeaway with self contained 2 bedroom flat to the first floor. Currently producing £14,400 per annum with scope to increase. We understand the takeaway has approximately 9 years remaining on the lease and is situated in a pleasant location within driving distance to The Mall Cribbs Causeway and the motorway network. Early Enquiries Recommended.

Description - A trading takeaway with rear kitchen, rear access, let on a long lease at £7,200 per annum. To the first floor is a spacious 2 bedroom flat currently producing £7,200 per annum.

Location - Situated in a pleasant residential location within a mixed rank of shops and eateries, the property has good links to the Mall Cribbs Causeway, Southmead Hospital and the M5 Motorway. We understand there is currently substantial development happening in the area with additional residential properties being built.

Tenure - Freehold

Takeaway - Let on an Internal Repairing and Insuring Lease with approximately 9 years remaining. Let at £600 per calendar month. We are informed the current tenant is in the process of reassigning their lease, further details available shortly.

Flat - Spacious 2 bedroom flat with large kitchen/living room let on an Assured Shorthold Tenancy Agreement at £600 per calendar month. We feel this is slightly underlet and would anticipate a rental value in the region of £650-£700 per calendar month.

Viewng - Strictly by appointment with Maggs & Allen.

Business Rates - The ratable value with effect from April 2010 is £4,500.

Council Tax Band - Band: A

Energy Performance Certificate - Takeaway: C
Flat: C

Vat - All figures quoted are exclusive of vat unless otherwise stated.

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.

Legal Costs - Each party to bear their own legal costs.

The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of this property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
These particaulrs including all measurements, plans, dimensions and photographs are provided for guidance purposes only and any intending purchaser or lessee should make their own enquiries.


More information from this agent

Nearest stations

  • Filton Abbey Wood (1.6 mi)
  • Patchway (1.8 mi)
  • Bristol Parkway (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Maggs & Allen, Auction, Commercial & Investment

60 Northumbria Drive, Henleaze, Bristol, BS9 4HW

0117 407 2072 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Maggs & Allen, Auction, Commercial & Investment

60 Northumbria Drive, Henleaze, Bristol, BS9 4HW

0117 407 2072 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Filton Abbey Wood (1.6 mi)
  • Patchway (1.8 mi)
  • Bristol Parkway (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Maggs & Allen, Auction, Commercial & Investment

60 Northumbria Drive, Henleaze, Bristol, BS9 4HW

0117 407 2072 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26483422. 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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