12, West Street, Bedminster, BS3 3LG
UNDER OFFER, £275,000


Key Features

  • MIXED USE FREEHOLD
  • GROUND FLOOR RETAIL
  • UPPER FLOORS - MAISONETTE
  • POTENTIAL INCOME CIRCA £22K PA
  • SCOPE TO CONVERT TO 1 BED FLATS

THE PROPERTY

A Freehold mixed use property ( 2078 Sq Ft ) comprising a large ground floor retail unit and a self contained maisonette on the upper floors.
The Retail unit has been extended to the rear and includes the basement.
The Maisonette is currently arranged as 3 bedrooms with a communal kitchen - we understand the flat is on a separate lease ( Title has been split )
Sold with vacant possession.

LOCATION

Located at the lower end of West Street and is close to North Street which offers an array of independent retailers, gourmet restaurants, affluent bars, cafes and friendly public houses. Bristol City Centre is less than 1 mile away.

THE OPPORTUNITY

INVESTMENT

The property is sold with vacant possession but with scope for the following income.

Retail Unit - £850 - £950 pcm
Maisonette - £850 - 900 pcm
Total - £20,400 - £22,200 pa

BREAK UP / REFURBISH / RESALE

The maisonette would now benefit from some basic updating and could be split and sold separately.

DEVELOPMENT / FLAT CONVERSION

There may be scope ( subject to consents ) to develop and extend the existing upper floors at the rear.
Potential to create 2 / 3 x 1 Bedroom Flats

RENTAL APPRAISAL

What rent can we achieve for you?

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 Bedroom Maisonette – £850pcm - £900pcm

If you would like to discuss more detail on the potential for rental, you can call me (0117 370 8818) or email (josh@bristolreslet.com) for a no obligation discussion. Alternatively why not drop into my Office (222 North Street, Southville, BS3 1JD) where I am always happy to advise investors on maximising their investment.

EPC

For full details of the EPC please refer to the online legal pack.


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