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COMMERCIAL

Gloucester Road, Horfield, Bristol

£750,000
Maggs & Allen, Auction, Commercial & Investment
PROPERTY TYPE

Commercial Development

SIZE

4,324 sq ft

402 sq m

Key features

  • Substantial mixed use investment
  • Large shop & 2 flats
  • Scope to increase rent
  • Great location

Description

A substantial mixed-use investment extending to approximately 4,324 sq ft, comprising a large ground floor retail unit with 2 residential flats above.

The property occupies a prime position on Gloucester Road, one of the area’s most vibrant retail and leisure destinations, and a location that is highly sought after for both commercial and residential lettings. It is situated adjacent to Boston Tea Party and within close proximity to Sainsbury's Local.

Description - A substantial mixed-use investment extending to approximately 4,324 sq ft, comprising a large ground floor retail unit with 2 residential flats above.

The property is fully let, currently producing £46,700 per annum. The ground floor commercial tenant is holding over and paying a rent below current market levels.

We believe there is strong potential for rental growth, with scope to achieve circa £70,700 per annum once the retail unit is re-let at market rent.

Location - The property occupies a prime position on Gloucester Road, one of the area’s most vibrant retail and leisure destinations, and a location that is highly sought after for both commercial and residential lettings. It is situated adjacent to Boston Tea Party and within close proximity to Sainsbury's Local.

Outside - Courtyard garden to the rear of the property.

Letting Details - Shop (holding over) - £11,000pa (market rent circa £35,000pa)
2 bedroom flat - £1,325pcm
3 bedroom flat - £1,650pcm

All parts of the property are let excluding bills and rates.

Business Rates - The rateable value with effect from 2026 is: £34,750.

Energy Performance Certificate (Epc) - EPC ratings:

Shop - C (Valid until 19 April 2036)
2 bed flat - C (valid until May 2034)
3 bed flat - D (valid until April 2034)

Floor Plan - The floor plan is provided for indicative purposes only and should not be relied upon.

Vat - All figures quoted are exclusive of VAT unless otherwise stated.

Viewings - By appointment.

Control Of Asbestos Regulations - As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.

Brochures

Gloucester Road, Horfield, Bristol

Gloucester Road, Horfield, Bristol

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Montpelier Station0.9 miles
  • Redland Station1.0 miles
  • Stapleton Road Station1.3 miles

About Maggs & Allen, Auction, Commercial & Investment

60 Northumbria Drive, Henleaze, Bristol, BS9 4HW
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Auction, Commercial and Investment Property Services

Maggs + Allen offer a complete property solution for both the public and professional markets.

We are:

* Chartered Surveyors

* Auctioneers

* Commercial Sales & Letting Agents

* Land & New Homes

* Licensed Estate Agents

* Residential Letting & Management Agents

Maggs & Allen can advise and help with all your Property requirements from the leasing, sale or acquisition of offices, shops, industrial premises, development land, & all types of Investment properties throughout the Bristol area.

Our highly successful monthly auctions are ideal for those looking to dispose of, properties requiring renovation, land with/without planning consent, protected tenancies, deceased estates and unusual properties alike. We have held the highest success rate of auction sales for the area for over 4 years.

Using our experience and expertise as Estate Agents, Auctioneers and Surveyors we are able to offer a comprehensive service to Land Owners, Developers & Investors.

We carry out a thorough marketing campaign via local property papers and magazines, all our properties are automatically displayed on our website and portals such as Rightmove ensuring maximum exposure.

For a free valuation or advice call 01174 072072

Notes

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Disclaimer - Property reference 34713192. 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 Maggs & Allen, Auction, Commercial & 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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