Olveston Stores & Post Office, The Street Olveston, Bristol, BS35 4DR

A substantial freehold property comprises eight residential rental properties, shop and post office. The property and apartments are well presented throughout with residents parking and providing a substantial rental income. The shop and post office has a spacious 1682 square foot sales floor with bakery, costa coffee express and parcel services. The shop could be leased for further rental income.

Olveston is a large village in South Gloucestershire just 6 miles North of Bristol, almost between Bradley Stoke and Thornbury. Conveniently located near the M4, M5 and M48 with junction 16 of the M5 3.9 miles away, and 2.4 miles from Junction 1 of the M48.

We are advised that all shop fixtures and fittings are included in the sale subject to an inventory.

There are eight apartments all currently let and generating a rental income of £10,145 per month / £121,740 per annum.

This is a great opportunity to obtain a substantial property with a variety of revenue streams including the shop, post office and residential rental incomes. The shop and post office could be leased to a third party to provide further rental income or be owner managed. A fabulous asset to add to any growing property portfolio.

The owner has advised that there are 10 members of staff that will transfer under TUPE.

Available upon request.

Trading hours are Monday – Saturday 6am – 8.30, Sunday 7am - 7.30pm

Freehold.

The Rateable value for the shop & post office as per 1st April 2023 is £14,250.