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COMMERCIALSOLD STC

Cheltenham Road, Bristol

£550,000
Hollis Morgan, Commercial, Land, Development and Investment
PROPERTY TYPE

Commercial Property

BEDROOMS

5

BATHROOMS

2

SIZE

Ask agent

Key features

  • Mixed use Investment
  • Maisonette circa 1300 sq ft
  • Ground Floor Shop circa 900 sq ft
  • Full Let
  • £56,400
  • 10% ROI

Description

A freehold investment opportunity comprising ground floor shop and 5 bed H.M.O. Fully let producing £56,400 per annum ( 10% return)

The Property - Ground Floor shops spans 887 sq ft with separate storeroom, W.C and rear access. Access to the upper floor maisonette is provided via a private entrance and boasts five generously sized bedrooms.

The first floor is home to a generous reception room, two of the bedrooms and a separate WC. The well-appointed kitchen is thoughtfully fitted with floor and wall cabinetry and modern appliances, including a dishwasher, electric oven, hob, and extractor fan.

On the second floor, you’ll find three further bedrooms, along with two well-positioned shower rooms, ensuring plenty of room and convenience for all.

Location - The property has an excellent position on the Gloucester Road with its eclectic range of shops and restaurant and close to the city centre with its business areas, shopping and leisure opportunities as well as some of the major institutions of Bristol including the University of Bristol, UWE and the BRI.

Income - The ground floor shop is currently let on a long lease at a rate of £13,000 per annum.

The 5 bed H.M.O is let at a rate of £43,500 per annum.

Total income - £56,400 ( 10% ROI)

Other Information - To Follow

Please Note - 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 All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information provided in your solicitors enquiries. 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 may not been checked or tested and you should rely on your own investigations. 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. Please note that in some instances the photographs may have been taken using a wide angle lens.

Brochures

Cheltenham Road, BristolBrochure

Energy Performance Certificates

EE Rating

Cheltenham Road, Bristol

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Montpelier Station0.2 miles
  • Redland Station0.3 miles
  • Clifton Down Station0.8 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

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Disclaimer - Property reference 33730509. 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.

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