Cheltenham Road, Stokes Croft, Bristol
Price: Sale Price: £825,000
Size: SOA Primary Category: Investment All Categories:
Investment, Property Ref/Movehut: MH617503 Property Ref/Agent: 28752220/avon/bristol/cheltenham-road-2
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: September 15, 2019
Freehold investment comprising a self contained ground floor shop, self contained rear office, a self contained first floor office and 2x well presented and self contained one bedroom flats above. The newly converted flats are presented to a high standard and the shop and two offices will be offered for sale in shell form.
Situated within close proximity to Gloucester Road and Stokes Croft, next door to Boston Tea Party and Tesco Express. Once fully let we anticipate a market rent in the region of £45,000-£48,000pa. The property also offers offers a break up opportunity.
A freehold investment comprising a ground floor self contained shop with a further self contained office to the rear and an additional self contained office occupying the first floor/mezzanine level. In addition the property benefits from 2x recently converted one bedroom flats above which have been finished to a high standard with integral appliances.
The shop is also available for sale separately at £135,000.
Situated in a great position on Cheltenham Road in Bristol's creative quarter within close proximity to the former Carriageworks and Westmorland House major redevelopment project. The shop provides easy access to Cabot Circus, Gloucester Road, Bristol City Centre, Montpelier and St Werbughs. Nearby notable occupiers include Tesco Express, The Social and Rice and Things.
The ground floor comprises a self contained shop of approximately 606sqft with additional basement storage.
The rear office will provide approximately 327sqft and is accessible both from Cheltenham Road and Picton Lane.
The first floor/mezzanine office will comprise an office suite of approximately 530sqft gross internal area.
The two flats above comprise a large kitchen/living room, hallway, double bedroom and bathroom.
The precise areas will be confirmed following the conversion.
The shop and offices are currently undergoing renovation and will be presented to shell form.
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
All figures quoted are exclusive of VAT unless otherwise stated.
Offered for sale freehold. The flats are each let £900pcm on an Assured Shorthold Tenancy. The shop and offices will be sold with vacant possession.
ENERGY PERFORMANCE CERTIFICATE -
Shop - C, Flat 2 - D, Flat 3 - C
Application No: 18/05267/F
Description of Development: Change of use of first-floor store, retail mezzanine and rear of ground-floor retail (use class A1) to offices (use class B1a).
144 Cheltenham Road Bristol BS6 5RL
Application No: 15/03878/F
Description of Development: Conversion of maisonette to create two one bedroom self-contained flats.
144 Cheltenham Road Bristol BS6 5RL
CONTROL OF ASBESTOS -
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.
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.
EPC for Cheltenham Road, Stokes Croft, Bristol
Value my property
Do you have a property you would like to get a valuation for? Simply click the button
below to request a property valuation directly.