7 bedroom block of apartments for saleHigh Street,Downend,Bristol,BS16
The property is situated on a prominent corner position on Staple Hill High Street.
Frontage on the B4465 (High Street), which provides a direct link to Bristol city centre and Fishponds in the west, and out towards the A4174 (Ring Road) in the east.
Nearby occupiers include The Post Office, Boots as well as wide range of independent retailers.
End terrace two storey building with loft conversion with a further detached building to the rear.
Currently configured as two retail units, five one bedroom flats, and two one bedroom semi detached houses.
The residential units are currently let to Maples, a provider of accommodation to people transitioning to independent living.
The two retail units are let to independent retailers.
The property is available freehold and is subject to two commercial leases at the following rents:-
99 High Street £6,300 per annum
99a High Street £7,140 per annum (due to increase to £7,800 pa on 01/08/16)
We are advised that the residential element is let to Maples at an annual rent of £47,280 until April 2017.
99 High Street Shop & Premises
Rateable Value £3,500
99a High Street Shop & Premises
Rateable Value £5,500
We understand the property has planning consent for A1 (Retail), Sui Generis (Tanning Salon) and C3 (Residential) uses under the Town & Country Planning (Use Classes) Order 1987. Interested parties are advised to make their own enquiries to clarify that their proposed use will be permitted.
Each party to bear their own legal costs incurred in the transaction.
All prices are quoted exclusive of VAT whether or not chargeable.
ENERGY PERFORMANCE CERTIFICATE (EPC)
99 High Street EPC Rating C
99a High Street EPC Rating E
Residential Units EPC Rating from B - D
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