A Freehold Grade II listed mid terrace period mixed use property ( 1271 Sq Ft ) arranged over 3 floors and previously used as offices and storage with retail on the ground floor.
Sold with vacant possession.
The property is located on Old Market Street within the popular suburb of Old Market. Local amenities and services are all within close proximity including independent retailers, bars, pubs and cafes.
Bristol Temple Meads railway station is within walking distance as well as the Cabot Circus retail complex.
MIXED USE INVESTMENT / DEVELOPMENT OPPORTUNITY
A Freehold vacant opportunity with scope for self contained 2 /3 bedroom flat or HMO on the upper floors.
Existing ground floor retail with excellent rental prospects.
Subject to consents.
FLAT DEVELOPMENT
There may be scope to create 3 x 1 bedroom flats.
Subject to consents.
GROUND FLOOR
Office / Retail space.
Utility room
Cloakroom
FIRST FLOOR
Ancillary room 1
Ancillary room 2
Bathroom
SECOND FLOOR
Ancillary room 1
Ancillary room 2
THREE BEDROOM MAISONETTE
£200,000
ONE BEDROOM FLATS
£160,000 per flat
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 rents in the region of;
2 bedroom maisonette - £1000pcm - £1100pcm
3 bedroom maisonette - £1200pcm - £1300pcm
1 bedroom flat - £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.
Local Experts Burston Cook say:
55 Old Market Road – ground floor only – Between £5 - £7.5k per annum after separation works are carried out and it is provided in lettable condition.
For further information please contact Charlie Kershaw MRICS
charlie@burstoncook.co.uk