89, East Street, Bedminster, BS3 4EX
UNDER OFFER, £213,000
- HIGH ST LOCATION
- COMMERCIAL INVESTMENT
- £16,000 PA
- SCOPE FOR RESI DEVELOPMENT
- VACANT UPPER FLOORS
A Freehold mid terraced period property ( 2160 Sq Ft ) arranged as a ground floor retail unit occupied by the "Card Factory" and two vacant upper floors.
East street is a popular pedestrianised High Street with a wide range of retailers and traders serving the local area yet within one mile of the city Centre. The unit is located between Wilkinsons and Betfred.
The ground floor retail unit is subject to an existing tenancy agreement until 31/12/2020 producing £16,000 per annum ( commenced 2015 )
Please refer to legal pack for copy of the lease.
UPPER FLOORS - DEVELOPMENT OPPORTUNITY
The vacant upper floors may offer some development opportunities subject to gaining the necessary consents.
Shop width 18’6
Shop depth 73’6
Sales Area 1,300 sq ft
Stores 05 sq ft
The local lettings experts say:
The Bristol Residential Letting Co. are confident this property would make a good rental investment. Josh Box of The Bristol Residential Letting Co suggests a rent in the region of:
2 x 1 Bedroom Apartments – £625 - £675pcm per unit
3 Bedroom Maisonette - £1000 - £1100pcm
If you would like to discuss more detail on the potential for rental, you can call Don (0117 370 8818) for a no obligation discussion. He will be very happy to advise on maximising the return on this property.
For full details of the EPC please refer to the online legal pack.