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SOLD STC

Gloucester Road, Horfield, Bristol

£365,000

Business rates & charges may apply

Maggs & Allen, Bristol
SIZE

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SECTOR

Commercial development for sale

Key features

  • Shop & Self Contained Flat
  • Gloucester Road
  • Potential Rent of Circa £31,800pa

Description

A end of terraced mixed-use property arranged as a ground floor shop of approx. 950 ft², with a self contained two bedroom flat above (approx 810 ft²). The property further benefits from a small courtyard to the rear which provides off street parking.

The shop is offered for sale with vacant possession, although we consider the market rent to the lie in the region of £15,000pa. The flat is currently let at £950pcm but we consider the market rent to lie in the order of £1,400pcm. The property therefore offers the potential to produce a gross annual rent of £31,800pa.

Description - A end of terraced mixed-use property arranged as a ground floor shop of approx. 950 ft², with a self contained two bedroom flat above (approx 810 ft²). The property further benefits from a small courtyard to the rear which provides off street parking.

The shop is offered for sale with vacant possession, although we consider the market rent to the lie in the region of £15,000pa. The flat is currently let at £950pcm but we consider the market rent to lie in the order of £1,400pcm. The property therefore offers the potential to produce a gross annual rent of £31,800pa.

Location - Situated in the ever popular Gloucester Road in Horfield. Neighbouring occupiers include Grounded cafe/bar and Domino's.

Business Rates - Shop: £9,500 with effect from April 2023
Flat: Council Tax Band A.

Energy Performance Certificate (Epc) - Rating:
Shop: E - Valid to May 2034.
Flat: D - Valid to March 2025.

Floor Plan - The floor plan is provided for indicative purposes only and should not be relied upon. The shop area has been partitioned to create two separate treatment rooms since the plan was commissioned.

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

Tenure - Offered for sale on a freehold basis.

Tenancy Details - The shop is currently let but is offered for sale with vacant possession.

The flat is let on an Assured Shorthold Tenancy agreement at £950pcm but offers potential to increase substantially.

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

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Montpelier Station1.1 miles
  • Redland Station1.3 miles
  • Stapleton Road Station1.5 miles

About Maggs & Allen, Bristol

Richmond Hill, Clifton, Bristol, BS8 1BA

Commercial Property Specialists

If you are looking to sell or lease a commercial property in the Bristol region, Maggs & Allen have the experience and expertise to assist you. We are able to sell, rent, provide expert advice and negotiate all property matters relating to industrial, office, retail and investment properties throughout the Bristol region.

We can also provide RICS Compliant Valuations to assist with the calculation of Inheritance/Capital Gains Tax, for SIPPS/SASS pension requirements, for rent review, lease renewal, matrimonial and expert witness.

To discuss your requirements, do not hesitate to contact Maggs and Allen.

Call us on 0117 973 4940 or e-mail us at commercial@maggsandallen.co.uk.

Notes

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Disclaimer - Property reference 33350353. 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, Bristol. 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.