- Mixed-use investment property
- Large ground floor commercial office
- Two-bedroom self-contained apartment above
- Recently refurbished throughout
- Presented in excellent condition
- Prominent high street location
- Long-term tenant in situ on ground floor
- Apartment also currently let
- Two onwed parking spaces
- Small outside space
- Current rental income: £35,000 per annum
- Rental yield of 10.7% based on the guide price
- Contact James Dear for more information or to arrange a viewing
The property occupies a strong high street position, offering excellent visibility and accessibility, making it well suited to long-term commercial use. The building has been recently refurbished and is presented in excellent condition throughout, providing an attractive and low-maintenance investment opportunity. The combined rental income is £35,000 per annum offering a rental yield of 10.7% based on the guide price. Tenure Leasehold. 999 years from the 1 February 2004 AUCTIONEERS NOTE RENTS: Please note there is a combined income of £35,000 per annum offering a rental yield of 10.7% based on the guide price. The split in rents are as follows. Ground Floor Office: £17,000 per year Flat: £1,500 per month and £18,000 per year ACCOMMODATION Ground Floor: The ground floor is arranged as a large main office area, with additional office rooms, kitchen facilities, WC, laundry/storage area and ancillary space. The ground floor extends to approximately 64.9 sq m and is currently let to a long-term tenant. First Floor: The first floor provides a well-proportioned two-bedroom apartment, arranged with two bedrooms, living room, kitchen and bathroom. The apartment extends to approximately 54.5 sq m and is also currently let, providing a useful additional income stream. VIEWINGS Contact James Dear for more information or to arrange a viewing. FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale. NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction. Local Authority Bristol City Council Solicitors Spencer West, Ref: Spencer West Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - £1200 inc VAT payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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