88, Broad Street, Staple Hill, BS16 5NJ
Sold, £180,000


Key Features

  • Mixed Use Investment
  • Vacant Retail Unit
  • First Floor Two Bed Flat
  • High Street Location
  • Potential for Residential Conversion
  • Scope for High Yield
  • Huge potential

THE PROPERTY

A mid terraced Freehold mixed use commercial property ( 1115 Sq Ft ) comprising a ground floor ( A1 ) retail unit and a self contained first floor apartment.
Large rear garden with side access off Lydney Road.

LOCATION

The property is located on the vibrant Staple Hill High Street. All local services and amenities are all within the immediate vicinity including independent retailers, cafes, bars and pubs. The M32 and M4 Motorway Network are both within five miles and offer fast direct routes in and out of Bristol.

THE OPPORTUNITY

Investment / Development Opportunity

COMMERCIAL

Vacant A1 commercial Unit with Kitchen and bathroom
The Unit was let until recently to a Barbers generating a rent of £200 per week ( Terminates Dec 2016 )
The Unit is currently advertised for rent - updates to follow.

RESIDENTIAL

The first floor comprises a one bedroom apartment currently let for £490 pcm on a rolling AST agreement .
The tenant has been in situ for a number of years and the flat would now benefit from basic updating but could command a rent of circa £650 pcm
Potential to create a 2 bedroom unit subject to consents.
There is also scope, subject to PP, to extend the property to the rear and or attic conversion to create further residential accommodation.

ACCOMMODATION

Ground Floor

- Shop floor area
- Kitchen
- W.C.
- Rear Garden

First Floor

- Hallway
- Kitchen
- Bedroom
- Lounge
- Bathroom

VAT

Please note there is no VAT applicable on the purchase price.

BUSINESS RATES

Rateable value - £2,475

Business rates payable - circa £1,200 per annum

VIEWING

Available by appointment.

Please contact Hollis Morgan HQ to book a viewing.


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