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408 Gloucester Road, Bristol, Avon, BS7 8TR

Guide Price
£130,000

Business rates & charges may apply

Paul Fosh Commercial, South Wales
SIZE

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SECTOR

High street retail property for sale

Key features

  • Prominent position
  • Close to local amenities

Description

FOR SALE BY ONLINE AUCTION - Lot 29 - Commercial Investment Opportunity
ONLINE AUCTION from 1st September-3rd September

A prominent ground-floor commercial property occupying a corner position on Gloucester Road in Horfield, Bristol.

The property is currently configured as commercial premises and has historically been operated as a caf/lounge. The accommodation benefits from a prominent glazed frontage onto Gloucester Road together with additional frontage to the side elevation.

Please note that the first-floor residential flat is not included within the commercial lease and does not form part of the commercial demise.

The property represents an attractive opportunity for investors seeking a commercial investment in an established location on Gloucester Road.


Tenure:
Leasehold Title Number AV174968 First-floor residential flat held on a 999-year lease from 25 November 1988, with approximately 961 years remaining, subject to a ground rent of £25 per annum.

Tenancies:
The ground-floor commercial premises are let to CNR Cafe Ltd under a lease dated 11 November 2020 at an initial rent of £9,000 per annum, subject to the full terms of the lease and any subsequent rent reviews.

408 Gloucester Road, Bristol, Avon, BS7 8TR

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Montpelier Station1.1 miles
  • Redland Station1.2 miles
  • Stapleton Road Station1.5 miles

About Paul Fosh Commercial, South Wales

Shackleton House, Langstone Business Village, Newport, NP18 2LH

Residential and commercial property auctioneers servicing Wales, the South West and surrounding areas.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 360441. 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 Paul Fosh Commercial, South Wales. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Commercial, South Wales on 01633 603812.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”