Freehold Mixed Use Property @, 144, St. Michaels Hill, Kingsdown,
UNDER OFFER, £425,000
A mid terraced period property arranged as mixed use Freehold comprising a ground floor retail unit and a self contained maisonette on the upper floors with courtyard garden to rear plus basement.
St Michael's Hill is located in the heart of Kingsdown within close proximity to both the University of Bristol and the Bristol Royal Infirmary. The property is ideally suited for access to Whiteladies Road (0.3 miles), Gloucester road (0.75 miles) and the City Centre (1 Mile) whilst Redland Green train station is located with a quarter mile. " St Michaels hill" with its eclectic range of shops and amenities is within a hundred yards.
Excellent investment / development opportunity in this prime position close to Bristol University.
The ground floor and basement is let producing £8,000 pa
The tenant is holding over from a lease which came to an end on the 14th June 2004 - please refer to lease in legal pack.
The tenant has indicated that they wish to continue their lease.
The upper floors comprise a self contained maisonette plus a courtyard garden to the rear.
There is scope subject to consents to create a 5 bedroom student apartment capable of producing £27,000 pa
( £450 per room pcm )
Alternatively this could be updated to create an extremely large and stylish two bedroom apartment in this highly sought after location