3 bedroom commercial property for sale

MIXED USE FREEHOLD FOR UPDATING

Under Offer £250,000

Property Description

Key features

  • FREEHOLD GEORGIAN PROPERTY
  • CURRENTLY PUBLIC HOUSE + ROOMS
  • SCOPE FOR FAMILY HOME
  • POTENTIAL FLAT CONVERSION / HMO
  • SOLD WITH VACANT POSSESSION

Full description

Hollis Morgan - A Freehold Georgian PUBLIC HOUSE WITH ANCILLARY ACCOMMODATION ABOVE ( 1967 Sq Ft ) In need of complete UPDATING.

The Property - A Freehold mid terraced Georgian property that has been converted into a public house with accompanying facilities on the ground floor and a further two floors of residential accommodation above.
Sold with vacant possession and tandem off street parking space at the front of the property and pedestrian access at the rear.

Location - This imposing Freehold property occupies a prominent position on the boarder with Montpelier and St Pauls. Nearby Lower Ashley Road is the main road leading from the M32 into the boroughs of St Pauls, St. Werburghs and Montpellier. As such, the property is less than 500 meters from the M32, which in turn provides direct access to the M4 and M5. The City Centre is within one mile, and the vibrant Gloucester Road, and Stokes Croft with its range of bars and cafes, are in close walking distance.

The Opportunity - CHANGE OF USE

The property would suit conversion to residential premises subject to change of use.

RESIDENTIAL CONVERSION - FAMILY HOME OR FLATS

The property now requires modernisation but has scope to create a large 4 + bedroom family home or conversion to flats in this highly sought after central location.

HMO / INVESTMENT

There is scope to create a student or HMO investment property subject to consents.

Rental Appraisal - About this property:

The Montpelier / St Pauls area of Bristol is in extremely high demand at the moment. If this property were refurbished to a high standard we would expect to achieve a rental income of circa £1295pcm on the 3 bedroom flat (dependent on the use of the commercial unit).

If Converted in to a block of flats we would expect to achieve circa £800pcm on 1 bedroom units and £1,000pcm on 2 bedroom flats.

HMOs are in high demand in this areas and we would expect (subject to necessary consents and licensing) to achieve £595 for a nicely presented double room and £695pcm for an ensuite (assuming single occupancy, we would achieve higher rents if the rooms were suitable for couples.

Next steps:

If you would like further information on our services or on this or any other property please contact us at our Bristol office on 01179 55 18 17 or via email at enquiries@piperproperty.co.uk. Alternatively please visit our website www.piperproperty.co.uk for information on our office locations, services and to find out how we do things differently

Epc - For full details of the EPC please refer to the online legal pack.


More information from this agent

Nearest stations

  • Montpelier (0.4 mi)
  • Stapleton Road (0.6 mi)
  • Redland (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hollis Morgan, Clifton - Commercial, Land, Development and Investment

9 Waterloo Street, Clifton, Bristol, BS8 4BT

0117 973 6565 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:

Hollis Morgan, Clifton - Commercial, Land, Development and Investment

9 Waterloo Street, Clifton, Bristol, BS8 4BT

0117 973 6565 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

  • Montpelier (0.4 mi)
  • Stapleton Road (0.6 mi)
  • Redland (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hollis Morgan, Clifton - Commercial, Land, Development and Investment

9 Waterloo Street, Clifton, Bristol, BS8 4BT

0117 973 6565 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 27683928. 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 Hollis Morgan, Clifton - Commercial, Land, Development and 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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