Property Information
Address:
295, Two Mile Hill Road, Bristol
, BS15 1AP
Price: Property no longer available.
Size: SOA
Primary Category: Industrial
All Categories:
Industrial,
Property Ref/Movehut: MH604134
Property Ref/Agent: 21192_27880907
*Please use the agent ref when calling the agent directly.
Property description
SOLD FOR £132,000. A mixed-use investment property arranged as a ground floor takeaway with a self-contained flat above.
The property is currently let producing £8,400 per annum although we feel there is potential to increase the rent on the first floor flat.
Situated in a prominent trading position on Two Mile Hill Road in Kingswood.
For Sale By Auction - This property is due to be auctioned on the 7th June 2018 at The Grace Room, The Bristol Pavilion, County Ground, Nevil Road, Bishopston, Bristol at 7pm.
Viewing - SOLD FOR £132,000
Summary - SOLD FOR £132,000
Description - A period mixed-use investment property arranged as a ground floor takeaway with a self-contained one bedroom flat above.
The property is fully let producing £8,400 per annum with potential to increase and would make an ideal investment.
Location - The property is situated in a prominent trading position on Two Mile Hill Road in Kingswood.
Easy access is provided to the city centre and A4174 Ring Road.
Accommodation - Please refer to floorplan for approximate room measurements and internal layout.
Ground Floor - Comprising a main takeaway serving area, commercial kitchen, store room and WC.
First Floor Flat - Comprising a kitchen/diner, living room, bedroom and bathroom.
Lease/Tenancy Details - The ground floor takeaway is let on a 25 year lease from 2006 at a passing rent of £4,800 per annum.
The first floor flat is let on an Assured Shorthold Tenancy agreement producing £300 per calendar month.
Energy Performance Certificate - Ratings:
Ground Floor - E.
Top Floor - E.
Solicitor - Mr J Duffy
Addleshaw Goddard LLP
One St Peter's Square
Manchester M2 3DE
Tel:
Email:
Buyers Premium - Please be advised that all purchasers are subject to a £750 plus VAT (£900 inc VAT) buyer's premium payable upon exchange of contracts.
*Guide Price - Guide Prices are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Reserve Price - The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Proxy Bidding - If you are unable to attend the auction then you can submit a proxy bid. This will authorise a representative of Maggs & Allen to bid on your behalf up to a pre-set amount. The proxy bidding form is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and 2 cheques (one for the 10% deposit and one for the buyer's premium of £900 inc VAT) is required by the auction department no later than 4pm on the day of the auction.
Attending The Auction - If you are intending to bid and are successful, the following will be required:
* Proof of identity (valid passport or photo driving licence).
* Proof of address (bank statement, recent utility bill, council tax bill or tenancy agreement).
* 10% deposit payment.
* Buyer's premium payment.
* Details of your solicitor.
Deposit & Buyers Premium Payments - Forms of acceptable payment:
* Cheque
* Bankers Draft
* Debit Card Payment
For card payments:
Please ensure that you advise your bank of the potential payment prior to the auction.
Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.
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