2 bedroom commercial property for sale

RETAIL UNIT + FLAT + GARAGES

Under Offer £238,000

Property Description

Key features

  • MIXED USE INVESTMENT
  • GROUND FLOOR RETAIL UNIT
  • FIRST FLOOR FLAT
  • DOUBLE GARAGE TO REAR
  • EXCELLENT TRADING POSITION

Full description

Hollis Morgan - A Freehold MIXED USE INVESTMENT ( 1657 Sq FT ) comprising a vacant RETAIL UNIT, self contained FLAT and GARAGES with further development POTENTIAL.

The Property - A Freehold mixed use property ( 1657 Sq Ft ) occupying the end of terrace position on this established trading rank comprising a ground floor retail unit and a self contained first floor flat.
At the rear of the property is a single storey extension and a double garage.
All sold with vacant possession.

RETAIL UNIT - A self contained ground floor retail unit most recently occupied as offices under A1 consent.
FLAT - First floor self contained flat with two bedrooms, kitchen and separate lounge.
GARAGES - A detached pair of single garages.

Location - Westbourne Road is located within the popular area of Bromley Heath just on the outskirts of Downend. Local amenities and services are all within close proximity including independent retailers, bars, pubs, cafes and convenience stores. Bristol City Centre is approximately seven miles away.

The Opportunity - INVESTMENT

There is scope for an excellent rental yield from all 3 elements of the property.
SHOP - £9,000 + pa ( £750pcm )
FLAT - £9,000 + pa ( £750 pcm )
GARAGES - £1,200 + pa ( £50 x 2 pcm )
TOTAL - £19,200 +

DEVELOPMENT POTENTIAL

There may be scope to develop the double garage and to increase the size of the rear extension ( subject to consents )

Rental Appraisal - About this property:

If this First Floor Flat were to be let out in its current condition, we would except to achieve a rental income of £775pcm. Subject to consent, the ground floor shop would achieve a similar rental figure if converted into a 2 bedroom flat like the one above.

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.


More information from this agent

Nearest stations

  • Bristol Parkway (2.4 mi)
  • Filton Abbey Wood (3.0 mi)
  • Patchway (3.5 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

  • Bristol Parkway (2.4 mi)
  • Filton Abbey Wood (3.0 mi)
  • Patchway (3.5 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 27938608. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.