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COMMERCIALUNDER OFFER

Mixed Use | £34K

Guide Price
£310,000
Hollis Morgan, Commercial, Land, Development and Investment
PROPERTY TYPE

Commercial Property

BEDROOMS

4

BATHROOMS

2

SIZE

Ask agent

Key features

  • FOR SALE BY ONLINE AUCTION
  • WEDNESDAY 23RD NOVEMBER 2022
  • DOWNLOAD ONLINE LEGAL PACKS
  • VIDEO TOUR NOW ONLINE
  • VIEWINGS - REFER TO DETAILS
  • SOLD @ NOVEMBER LIVE ONLINE AUCTION
  • FREEHOLD MIXED USE
  • RETAIL UNIT | 4 LETTING ROOMS
  • £34,620 pa | 2060 Sq Ft
  • EXTENDED 8 WEEK COMPLETION

Description

Hollis Morgan – A Freehold MIXED USE INVESTMENT property ( 2060 Sq Ft ) comprising GROUND FLOOR CAFE and 4 LETTING ROOMS producing an INCOME of £34,620

The Property - ADDRESS | 458 Stapleton Rd, Eastville, Bristol BS5 6PA

A Freehold mixed use property occupying a prominent position with accommodation ( 2060 Sq Ft ) comprising a ground floor Cafe ( A3 ) and 4 letting rooms on the upper floors with communal kitchen and bathrooms etc.
Sold subject to existing tenants.

Location - The property occupies a prime location on this busy and popular High Street location with independent retailers, pubs, bars, cafes, and convenience stores.
The M32 Motorway is nearby and provides direct routes in and out of Bristol and the City Centre is approximately 1.5 miles away.

The Opportunity - MIXED USE INVESTMENT - £34,620 pa

Room 1 - £400 pcm commenced April 2022 ( AST )
Room 2 - £385 pcm commenced May 2020 ( AST )
Room 3 - £480 commenced September 2022 ( AST )
Room 4 - £420 commenced June 2022 ( AST )
Cafe - £1200 5 year lease 2019
Total - £2855 pcm

ADDITIONAL INCOME - BILLBOARD

There is a billboard on the side of the property generating £1k pa
The contract allows for this to be increased to £4k pa if it is upgraded to a digital sign
Refer to legal pack.

Auction Property Details Disclaimer - Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. 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. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.

Brochures

MIXED USE | £34KBrochure

Mixed Use | £34K

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stapleton Road Station0.2 miles
  • Lawrence Hill Station0.8 miles
  • Montpelier Station1.1 miles

About Hollis Morgan, Commercial, Land, Development and Investment

9 Waterloo Street, Clifton, Bristol, BS8 4BT

Welcome to the HOLLIS MORGAN COMMERCIAL page with the widest range of INVESTMENT and DEVELOPMENT opportunities from across the REGION - please also check out our dedicated AUCTION and Residential SALES microsites!

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 31795384. 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, 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hollis Morgan, Commercial, Land, Development and Investment on 0117 973 6565.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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