Commercial Property for sale

1A-2A Avon Crescent, Bristol, BS1 6XQ

Guide Price £1,000,000

Property Description

Commercial information

  • Business for sale

Key features

  • Waterfront freehold mixed-use investment
  • Enviably located in Bristol City Centre
  • 2 modern residential apartments
  • Licenced A3 restaurant unit
  • Excellent condition throughout
  • One of the city's most sought after areas. EPC Exempt

Full description

Tenure: Freehold

Description

1a-2a Avon Crescent is an imposing Grade II listed freehold property located on a prominent corner plot with idyllic river views.

The commercial unit will be available with vacant possession.

Location

Bristol is a thriving metropolis in South West England. A city still growing, Bristol was named in the 'Top 10 cities in the World' by Dorling Kindersley as well as being named 'The Best City in England in which to Live' by the Sunday Times in 2017.

Alongside a large residential population, Bristol has a huge tourism trade with several world-famous attractions. The city is also home to 17 university campuses and a host of major employers including international firms BAE, Airbus, Rolls Royce and KPMG.

1a-2a Avon Crescent is located on Spike Island, a popular area of central Bristol with an eclectic mix of affluent residential property alongside busy commercial units. The attractions of the floating harbour are just moments away as well as professional sport at Ashton Gate Stadium. Bristol Temple Meads (London Paddington c.1 hour 37 minutes) is 1.7 miles away.

Internal Details

On the ground floor is an A3 licensed restaurant with room for c.40 covers as well as a commercial kitchen and rear access to a shared courtyard.

The commercial unit on the ground floor currently houses a highly successful catering company, however it is available with vacant possession.

Fixtures & Fittings

Inventory available upon request.

Letting Accommodation

Accessed through a separate front door is a recently refurbished corridor leading to the first and second floors which comprise two large residential apartments, both of which were converted recently and are in excellent condition. Both have two double bedrooms, high ceilings, large bathrooms, picture windows with views across the river and up to Clifton Suspension Bridge.

Both apartments are currently tenanted on AST agreements at a headline rent of £1,100pcm per flat.

Further details can be made available upon request.

The Opportunity

This is an excellent opportunity to acquire a long term mixed-use freehold investment, enviably located in one the UK’s most prestigious cities. The building is in excellent condition and both residential and commercial demand for the area is very strong.

The unit has A3 use, is licensed and is well known for its history of restaurant usage.

There is further opportunity to increase income by converting (STP) the apartments from two bedrooms into three bedrooms. Previous planning for this was granted in 2012 but has now lapsed.

Trading Information

Both residential units are let on AST agreements at a passing rent of £1,100pcm per unit.

The ground floor will be offered with vacant possession.

Purchasers should make their own enquiries as to the lettable value of the commercial unit.

Regulatory

Premises Licence.


More information from this agent

Nearest stations

  • Parson Street (1.0 mi)
  • Bedminster (1.1 mi)
  • Clifton Down (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Bristol

Embassy House Queens Avenue, Clifton, Bristol, BS8 1SB

0117 407 0138 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 (1.0 mi)
  • Bedminster (1.1 mi)
  • Clifton Down (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Bristol

Embassy House Queens Avenue, Clifton, Bristol, BS8 1SB

0117 407 0138 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.

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