22, Bond Street, City Centre, BS1 3LU
Sold @ Auction £400,000
FOR SALE BY AUCTION
SOLD @ AUCTION - £400,000
LOT NUMBER 17
Wednesday 3rd June 2015
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00
A mixed use, modern, end of terrace leasehold property situated in a prominent City Centre location comprising of a tenanted A3 retail unit on the basement, ground and first floor and two further floors above.
There is seperate access to the upper floors from Bond Street.
The property is held on a 125 year lease with a peppercorn rent.
Bond Street is located in the heart of the City Centre, a few 100 yards from Broadmead and Cabot Circus whilst the Bristol Royal Infirmary and Bristol University are both within one mile.
Full planning has been granted to convert the upper floors into 5 residential units.
Planning was granted in 2007 and we understand Bristol City Council has inspected the property and issued a commencement notice - please refer to online legal pack.
There is a restaurant on the ground floor and mezzanine area on a 5 year lease with 4 years remaining, paying a rental £25k per annum.
Full details can be downloaded via the online legal pack.
Decision: GRANTED subject to condition (s)
Application No: 07/03188/F
Type of Application: Full Planning
Site Address: 22 Bond Street, Bristol, BS1 3LU
Description of Development: Addition of two storey enclosed balcony on side elevation. Raising of existing roof to form additional storey. Change of use 2nd, 3rd and 4th floor to 5 no. self contained flats. Entrance reconfigured to provide separate entrances. Minor alterations to shop front.
Committee / Delegation Date: 28.12.07
The local lettings experts say:
The Bristol Residential Letting Co. are confident this block of 5 1 bedroom apartments would make a good rental investment. Having visited the property, Danny Dean of The Bristol Residential Letting Co suggests a rental range of £650-£750pcm will be achievable on these apartments if furnished to an appropriate standard. If you would like to discuss more detail on the potential for rental, you can call me (0117 973 5237) or email (firstname.lastname@example.org) for a no obligation discussion. Alternatively why not drop into my Office (19 Clifton Down Shopping Centre, Whiteladies Rd, Clifton, Bristol, BS8 2NN) where I am always happy to advise investors on maximising their investment.
For full details of the EPC please refer to the online legal pack.
Please be aware all purchasers are subject to a £500 + VAT buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.
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CHARITY OF THE YEAR
Hollis Morgan are supporting Dance Voice as their 2015 Charity of the year. We are delighted to announce that 10% of every buyers premium will be donated to this excellent local charity - Dance Voice is dependent on voluntary donations to run its dance movement psychotherapy sessions which enable so many vulnerable people express themselves and improve and integrate their physical, emotional and social health and wellbeing. For further details on their outstanding work in the community please visit www.dancevoice.org.uk In 2014 Hollis Morgan successfully raised £2,500 for Bristol Children's Help Society www.tbchs.org.uk