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COMMERCIALUNDER OFFER

Freehold Block | £79K | BS5

Guide Price
£750,000
Hollis Morgan, Commercial, Land, Development and Investment
PROPERTY TYPE

Commercial Property

BEDROOMS

5

BATHROOMS

5

SIZE

4,833 sq ft

449 sq m

Key features

  • FREEHOLD
  • MIXED USE INVESTMENT
  • BLOCK OF 5 X FLATS
  • COMMERCIAL
  • LONG TERM TENANTS
  • £79,995 pa INCOME
  • BREAK UP OPPORTUNITY
  • CENTRAL LOCATION

Description

Hollis Morgan – A Freehold MIXED USE INVESTMENT BLOCK ( 4833 Sq Ft ) comprising 5 x FLATS + COMMERCIAL UNIT | Fully let producing £79,995 INCOME pa

The Property - ADDRESS | 338 - 344 Stapleton Road, Eastville, Bristol BS5 0NN

A prominent mixed use property ( 4833 Sq Ft ) comprising large ground floor commercial unit and 5 self contained residential flats on the upper floors.
Sold subject to existing tenancies.

SCHEDULE OF ACCOMODATION

Commercial Unit – Ground Floor + Garage | 2435 Sq Ft
Flat 338A – First Floor Self Contained Studio | Separate Kitchen 25.73 sqm / 276.96 sq ft
Flat 338B – Second Floor Self Contained 1 Bed Flat | Separate Kitchen 44.44 sqm / 478.35 sq ft
Flat 342A - First Floor Self Contained 1 Bed | Separate Kitchen 28.87 sqm / 310.75 sq ft
Flat 342B - First Floor Self Contained Studio | Separate Kitchen 32.22 sqm / 346.81 sq ft
Flat 342C – Second Floor Self Contained 1 Bed Flat | Separate Kitchen 46.80 sqm / 503.75 sq ft

Tenure - Freehold
Council Tax - A | A | A | A | A
EPC - C | C | C | C C

The Opportunity - PRIME MIXED USE INVESTMENT | £79,995 pa

The property produces £79,995 pa with some of the residential tenants in situ since 2023.

SCHEDULE OF INCOME

Commercial Unit - 20 years from November 2021 | Rent £29,145.00 pa | Rent Review 2026 / 2031 / 2036
Flat 338A - £825 pcm | Commenced 20th February 2026
Flat 338B - £900 pcm | Commenced 12th February 2024 | Vacating on 11th April
Flat 342A - £825 pcm | Commenced 9th March 2026
Flat 342B - £725 pcm | Commenced 23rd October 2023
Flat 342C - £925 pcm | Commenced 30th January 2023
Advertising Panels | £450 pa
Total - £79,995 pa

Please refer to online legal pack for copies of the AST tenancies and commercial lease.

BREAK UP VALUES

Flat 338A – First Floor Self Contained Studio | £80,000

Flat 338B – Second Floor Self Contained 1 Bed Flat | £125,000

Flat 342A - First Floor Self Contained 1 Bed | £100,000

Flat 342B - First Floor Self Contained Studio | £110,000

Flat 342C – Second Floor Self Contained 1 Bed Flat | £135,000

DEVELOPMENT

There may be scope for development on the air space over the garage subject to gaining the necessary consents.

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.

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

FREEHOLD BLOCK | £79K | BS5 Brochure

Freehold Block | £79K | BS5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stapleton Road Station0.1 miles
  • Lawrence Hill Station0.7 miles
  • Montpelier Station0.9 miles
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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 34467194. 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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