36, Westbourne Road, Downend, BS16 6RX
UNDER OFFER, £238,000


Key Features

  • MIXED USE INVESTMENT
  • GROUND FLOOR RETAIL UNIT
  • FIRST FLOOR FLAT
  • DOUBLE GARAGE TO REAR
  • EXCELLENT TRADING POSITION

THE PROPERTY

A Freehold mixed use property ( 1657 Sq Ft ) occupying the end of terrace position on this established trading rank comprising a ground floor retail unit and a self contained first floor flat.
At the rear of the property is a single storey extension and a double garage.
All sold with vacant possession.

RETAIL UNIT - A self contained ground floor retail unit most recently occupied as offices under A1 consent.
FLAT - First floor self contained flat with two bedrooms, kitchen and separate lounge.
GARAGES - A detached pair of single garages.

LOCATION

Westbourne Road is located within the popular area of Bromley Heath just on the outskirts of Downend. Local amenities and services are all within close proximity including independent retailers, bars, pubs, cafes and convenience stores. Bristol City Centre is approximately seven miles away.

THE OPPORTUNITY

INVESTMENT

There is scope for an excellent rental yield from all 3 elements of the property.
SHOP - £9,000 + pa ( £750pcm )
FLAT - £9,000 + pa ( £750 pcm )
GARAGES - £1,200 + pa ( £50 x 2 pcm )
TOTAL - £19,200 +

DEVELOPMENT POTENTIAL

There may be scope to develop the double garage and to increase the size of the rear extension ( subject to consents )

RENTAL APPRAISAL

About this property:

If this First Floor Flat were to be let out in its current condition, we would except to achieve a rental income of £775pcm. Subject to consent, the ground floor shop would achieve a similar rental figure if converted into a 2 bedroom flat like the one above.

Next steps:

If you would like further information on our services or on this or any other property please contact us at our Bristol office on 01179 55 18 17 or via email at enquiries@piperproperty.co.uk. Alternatively please visit our website www.piperproperty.co.uk for information on our office locations, services and to find out how we do things differently.


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