Mixed Use | £34K
- 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
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 All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack.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 | £34KBrochureMixed 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
Notes
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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