Commercial Development for sale

North Street, Southville, Bristol

Sold STC £525,000

Property Description

Commercial information

  • Use class orders: A3 Restaurants and Cafes

Full description

Mixed use property situated in a prime location in Southville neighbouring 'The Loungers cafe/bar'. The ground floor provides a vacant, restaurant complete with ventilation and spacious rear courtyard. The upper floors are arranged as a self contained and spacious 3 bedroom maisonette. The rear courtyard may offer potential for further development subject to consents. Early enquiries are recommended.

Description - Rare opportunity to purchase a mid terrace freehold property comprising a ground floor restaurant and additional self contained maisonette. The property also benefits from rear access and a good size rear courtyard.

Location - Situated in a highly popular position on North Street, Southville. Neighbouring occupiers include 'The Lounge cafe/bar', 'The Burger Joint', 'Parsons Bakery', ' Coffee No.1', 'The Tobacco Factory' and 'The Hen and Chicken public house'.

Accomodation - A ground floor restaurant of approximately 800sqft arranged as customer seating (470sqft) with additional kitchen, store room and two w/c's. To the rear of the property is an enclosed courtyard benefiting from rear access which pay offer potential for further redevelopment subject to obtaining the necessary consents. The upper floors are arranged as a well presented and and spacious 3 bedroom maisonette.

Tenancy Details - The ground floor restaurant and courtyard is offered for sale with vacant possession.
We are informed the maisonette is let at £1,000pcm on an Assured Shorthold Tenancy basis.

Energy Performance Certificate - Restaurant: Rating C
Maisonette: Rating E

Floor Plan - The floor plan is provided for indicative purposes only and is not to be relied upon.

Vat - We understand VAT is applicable to the purchase price (in respect of the commercial element).

Business Rates - The rateable value with effect from April 2017 is £7,300. Those eligible for small business rate relief may therefore benefit from full relief at the current time. However, interested parties are advised to contact the local authority to confirm.

Notes - We understand that Japanese Knotweed has been identified in the rear courtyard. Our client informs us that they have taken remedial action and an insurance backed guarantee has been provided. Please contact the office for further information.

Viewing - Strictly by appointment with Maggs & Allen.

Control Of Asbestos - 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.

Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.


More information from this agent

Nearest stations

  • Parson Street (0.6 mi)
  • Bedminster (0.8 mi)
  • Bristol Temple Meads (1.4 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

  • Parson Street (0.6 mi)
  • Bedminster (0.8 mi)
  • Bristol Temple Meads (1.4 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 27357416. 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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