138 Gloucester Road, Bishopton, Bristol, BS7 8NT

Description
The site is on a prominent corner at the junction of Gloucester Road and Egerton Road, Bishopston, Bristol.

The building is a detached single storey rendered property with a pitched roof and parapet wall.

The vehicular access is at the rear along Egerton Road, which provides parking for residents to the rear of neighbouring Egerton Court. A public pedestrian footpath wraps around the edge of the site (South and East, adjacent to both roads) and there is parallel parking on both sides of Egerton Road.

Location
Located along the bustling Gloucester Road, 138 Gloucester Road offers a range of shopping and leisure experiences. Gloucester Road itself is known for its vibrant independent shops, cafes, and restaurants albeit the immediate location is very mixed with dense residential, a parade of retail units on the opposite side of the road and an EG PFS close by.

Proposed Accommodation
Planning has been granted under Ref 23/02495/F for the demolition of the existing building to be replaced by the construction of a three-storey mixed use development, providing commercial and residential accommodation.

The plans have been developed to maximise the potential of the scheme, whilst considering the potential impact of access to light on neighbouring properties.

At ground floor, a small retail unit has been retained. The extension along Egerton Road has been increased to three storey’s along the street edge, adding to the desired density of the street corner. To the rear, it has been kept as a single-storey to allow natural daylight and access to light for Egerton Court adjacent.

Tenure
The freehold of the land is held under Title Number BL64059. The property is subject to a lease to the Co-op Group Food Ltd until June 2027 at a rent of £80,000pa. The lease is also subject to a sub-lease which is co-terminus with underlease and currently trades as Madina Bazaar. The tenant and sub-tenant will exit on expiry of the lease in June 2027.

Method Of Sale
Unconditional offers are invited for the freehold interest subject to the existing lease. Please note that the Vendors will not be obliged to accept the highest offer or indeed any other offer. In order to ensure we are able to accurately appraise all offers on a like for like basis, please provide the following information in support of your bid:

·Level of offer and deposit offered;
·Any conditions attached to the offer;
·Anticipated legal timetable;
·Funding and whether the offer has received board approval;
·Solicitors details;
·Track record and evidence of any recent comparable projects;
·Any other details that you feel should be considered to complement your offer.