UNDER OFFER, Guide Price £625,000

Upper York House, 30 - 36, Upper York Street, Stokes Croft, BS2 8QN

Bedrooms 10 Bathrooms 3

THE PROPERTY

A distincitve Freehold, circa 6,000 Sq Ft, former H H Brains Faggot factory arranged over three floors and occupying a prominent corner position.
The property has most recently been occupied by the present owner as HQ offices on the first floor with storage on the ground floor.
The building benefits from three separate vehicular access points at ground floor level.
There is an existing 5 bedroom flat on the top floor let until July 31st 2016 producing circa £22k per annum and a small workshop generating circa £250 pcm on short term contract.

ACCOMMODATION

Ground Floor Storage / Workshop 216.46 sq m (2330 sqft)
First Floor Office Suite & ancillary rooms 195.28 sq m (2102 sqft)
Second Floor Former Offices / residential area 156.91 sq m (1689 sqft)

Total 568.66 sq m (6121 sqft)

LOCATION

The property is situated in the popular and busy Stokes Croft, near the junction with Upper York Street and City Road, close to the City Centre and surrounded by a large number of independent shops, restaurants, bars and cafes. The property is within easy walking distance of Bristol City Centre and also the busy shopping district and residential area of Gloucester Road and is therefore a popular location for both residential and commercial occupiers. There are excellent public transport links and an eclectic mix of amenities in the near vicinity.

THE OPPORTUNITY

A property of this nature has a wide range of potential uses including the following possible options.

MAJOR REDEVELOPMENT

Planning has been GRANTED for a mixed use scheme comprising of

GROUND FLOOR

Commercial unit - 93 Sq M
Commercial Unit - 79 Sq M

FIRST FLOOR

2 Bed Flat - 71 Sq M
2 Bed Flat - 61 Sq M
1 Bed Flat - 45 Sq M
1 Bed Flat - 38 Sq M

SECOND FLOOR

2 Bed Flat - 71 Sq M
2 Bed Flat - 61 Sq M

PLANNING GRANTED

Decision : GRANTED subject to condition(s)
Application no: 14/00862/F
Type of application: Full Planning
Site address: 30-36 Upper York Street, Bristol, BS2 8QN.
Description of development: Subdivision of second floor flat into two apartments. Refurbishment of ground floor B1-B8 areas. External alterations including window and door replacement, installation of glazed doors and louvred panels, renewal of roof covering and solar panels.
Date of Notice: 23.04.14

CONVERSION OF EXISTING

There is an alternative scheme in place for a mixed use development with a lower capital investment required and a potential income of £ 65,000 - £75,000

This would comprise

GROUND FLOOR

Work space / Office / Light Industrial

Space A - 40 Sq M
Space B - 75 Sq M
Space C - 41 Sq M
Space D - 33 Sq M

FIRST FLOOR

Office Space

Studio E - 69 Sq M
Studio F - 52 Sq M
Studio G - 89 Sq M

SECOND FLOOR

Existing 5 bedroom flat.

OTHER USES

Given the central location it is ideal for owner occupier or light industrial.

Student Conversion.

RATES

In accordance with the Valuation Office Official Website (www.voa.gov.uk) the subject property has the following designation. Part G/F - Store & Premise: RV £2,700

Suite 1 - Office & Premises: RV £3,800

Suite 2 - Office & Premises: RV £2,600

Suite 3 - Store & Premises: RV £6,800

Flat - Council Tax Band B However, we suggest that interested parties make their own enquiries with Bristol City Council Rating Department.
The position described will also change over time as the proposed planning is secured and any amendments resulting therefrom are adopted into the scheme.


Local Information

Schools Stations Healthcare
Floorplan for Upper York Street, Stokes Croft, Bristol Floorplan for Upper York Street, Stokes Croft, Bristol Floorplan for Upper York Street, Stokes Croft, Bristol Floorplan for Upper York Street, Stokes Croft, Bristol Floorplan for Upper York Street, Stokes Croft, Bristol