Retail Unit, 22, Upper Maudlin Street, Kingsdown, BS2 8DJ
SOLD SUBJECT TO CONTRACT, £95,000
- Freehold Retail Unit
- Currently let for £7,500 pa
- Central Location
- Opposite Bristol Royal Infirmary
- Excellent Investment
- Scope to increase Rents
- 416 Sq Ft
A self contained ground floor retail unit sold with the benefit of the Freehold.
TENANTS AND INCOME
The unit is currently occupied by an independent Jewellers and is subject to a rental income of £625 pcm ( £7,500 pa ) on a rolling monthly agreement.
We understand there is scope to significantly increase the rental income - local commercial letting experts ETP Parker suggest an rental income of £9,000 - £10,000 would be achievable.
Upper Maudlin Street is steeped in character and is a well sought after location providing easy access to the shops, bars and restaurants Park Row/Park Street has to offer, this said the property is equally as close to Cabot Circus, BRI, Bristol University and Bristol Temple Meads.
Please note the upper floors ( self contained maisonette ) is also available for sale by private treaty and would be available as a pair.
We understand the rateable value is currently £5,000.
COMMERCIAL EXPERTS - RENT APPRAISAL
Edd Pimble BSc MSc
ETP PROPERTY CONSULTANTS
Tel: 0117 3171725
4 Hillside, Cotham, Bristol, BS6 6JP