312 Wells Road, Bristol, BS4

Fixed price

£315,000

Sold STC

Size

1,390

Tenure

Freehold

EPC

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Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • Rental Income: £21,220 p.a.
  • Gross Initial Yield: 6.74%
  • Comprises ground floor takeaway and 2-bedroom self-contained flat above
  • Situated opposite Broadwalk Shopping Centre

Description

Investment Consideration:
Gross Initial Yield: 6.74%
Rental Income: £21,220 p.a.
VAT is NOT applicable to this property
Comprises ground floor takeaway and 2-bedroom self-contained flat above
Situated opposite Broadwalk Shopping Centre with occupiers nearby including Superdrug, Iceland, Poundland, Greggs, B&M and many more.

Property Description:
The property comprises ground floor takeaway shop and 2-bed self-contained flat at first floor, providing the following accommodation and dimensions:
Ground Floor Takeaway: 68 sq m (732 sq ft)
Open plan retail, kitchen, storage, wc
First Floor Flat: 61 sq m (657 sq ft)
2 bedrooms, kitchen, living room, bathroom

Tenancy:
The takeaway is at present let to Miss Millies Fried Chicken Limited for a term of 10 years from 29th June 2020 at a current rent of £13,000 p.a. and the lease contains full repairing and insuring covenants. Rent review on 29.06.25 open market upward only. No breaks.
The residential flat is at present let on AST to an Individual for a term of 6 Months from 23rd February 2024 at a current rent of £8,220 p.a. Deposit held of £650.

Location:
Bristol is a city straddling the River Avon in the southwest of England with a prosperous maritime history. Its former city-centre port is now a cultural hub. Totterdown is an inner-suburb of Bristol, England, situated just south of the River Avon and to the south-east of Temple Meads railway station and the city centre. The property is situated opposite Broadwalk Shopping Centre with occupiers nearby including Superdrug, Iceland, Poundland, Greggs, B&M and many more.
Additional information
Service charge
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Business rates
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Use class
C3, E
Listed building
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Floors in building
2
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

312 Wells Road, Bristol, BS4

NEAREST STATIONS

National Rail

Bristol Temple Meads Station

1.18 miles

National Rail

Bedminster Station

1.25 miles

National Rail

Lawrence Hill Station

1.63 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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Disclaimer - Property reference 312wells. 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 BLUE ALPINE PARTNERS LIMITED, London. 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.