Commercial property for sale in High Street, Shirehampton, Bristol BS11

A mixed use investment property arranged as a recently refurbished ground floor cafe/lounge with a 3 bedroom maisonette above. The cafe is let at £16,200pa and the maisonette is let at £950pcm although we consider the market rent to lie in the region of £1,300-£1,400pcm. In addition, there are two lock up garages to the rear which are let at £50pcm each.

The property is therefore fully let producing £28,800pa although we consider it to offer potential to increase to circa £34,200pa.

Description

A mixed use investment property arranged as a recently refurbished ground floor cafe/lounge with a 3 bedroom maisonette above. The cafe is let at £16,200pa and the maisonette is let at £950pcm although we consider the market rent to lie in the region of £1,300-£1,400pcm. In addition, there are two lock up garages to the rear which are let at £50pcm each.

The property is therefore fully let producing £28,800pa although we consider it to offer potential to increase to circa £34,200pa.

Location

Situated in Shirehampton High Street benefiting street parking immediately in front of the property, located in a mixed parade, opposite The Co-Operative supermarket.

Floor Plan

The floor plan is provided for indicative purpose only and should not be relied on.

Tenancy Details

Shop

The ground floor is let at £16,200pa on a 21 year term from January 2007, year term with 3 yearly rent views.

Maisonette

Maisonette - Currently let on an Assured Shorthold Tenancy at £950pcm although we consider the market rent to lie in the region of £1300-£1400pcm.

Garages

There are two single lock up garages located to the rear of the shop which are let at £50pcm each.

Energy Performance Certificate

EPC Ratings:
Ground Floor Shop - D (expires June 2029)
Maisonette - E

Vat

All figures quoted are exclusive of vat unless otherwise stated.

Viewings

Strictly by Appointment with Maggs and Allen

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.