Olveston Stores & Post Office, The Street Olveston, Bristol, BS35 4DR
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Convenience store
- Frontage
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Key features
- 8 Apartments, Convenience Store & Post Office
- Located just 3.9 miles from Junction 16 M4
- Rental income of £121,740 per annum
- Retail space circa 1682 sqft / 156.35 sqm
- Residents Parking
- EPC Ratings - Shop B, Flats B & C, Bungalow is D
- Christie & Co Ref: 3410528
Description
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.
LocationOlveston 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.
Fixtures & FittingsWe are advised that all shop fixtures and fittings are included in the sale subject to an inventory.
Letting AccommodationThere are eight apartments all currently let and generating a rental income of £10,145 per month / £121,740 per annum.
The OpportunityThis 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.
StaffThe owner has advised that there are 10 members of staff that will transfer under TUPE.
Trading InformationAvailable upon request.
Trading HoursTrading hours are Monday – Saturday 6am – 8.30, Sunday 7am - 7.30pm
TenureFreehold.
Business RatesThe Rateable value for the shop & post office as per 1st April 2023 is £14,250.
- Service charge
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- Business rates
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- Use class
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- Listed building
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- Business for sale
- Yes
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Brochure
Olveston Stores & Post Office, The Street Olveston, Bristol, BS35 4DR
About Christie & Co, Retail
Established in 1935, Christie & Co has more than 90 years of specialist business and property expertise. From buying and selling to valuations, consultancy and capital markets, our specialists support clients throughout the business and property lifecycle.
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Disclaimer - Property reference 3410528-fh. 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 Christie & Co, Retail. 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.