33, Midland Road, Old Market, BS2 0JT
Sold, £275,000

THE PROPERTY

A Freehold mid terraced mixed use period property (1987 sq ft) arranged over four floors with small courtyard garden to rear.
Sold with vacant possession .

LOCATION

The property is located on Midland Road 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.

THE OPPORTUNITY

DEVELOPMENT OPPORTUNITY - PLANNING GRANTED

Planning has been granted to convert the existing property into 2 residential units on the upper floors and retail on the ground floor.
The property is now in need of complete modernisation and is sold with vacant possession .

GROUND FLOOR
Retail Unit

FIRST FLOOR
One Bedroom FLAT

SECOND AND THIRD FLOOR
2 Bedroom , 2 Reception Maisonette.
Scope to use as a 3 bed for rental.

PLANNING GRANTED

Decision : GRANTED subject to condition(s)
Application no: 17/05975/F
Type of application: Full Planning
Site address: 33 Midland Road, Bristol, BS2 0JT
Description of development: Change of use from office Use Class A2 to a mixed use development with office at ground floor and 2 flats Class C3 above. Replace existing shopfront.
Applicant: Mr Devon Gardner
Agent: AFGUK Architects
Committee/delegation date: 21.03.18
Date of Notice: 21.03.18

PLANNING INFORMATION

Full details of the planning and proposed development can be downloaded with the online legal pack

RENTAL APPRAISAL

Located in the ever more popular Old Market this mixed-use development would attract professional renters. Clearly in need for full modernisation there is currently potential to create a one and two or three bed properties.

The one bed property would let for £925 and if developed as a two-bed property the rent would be in region of £1200pcm. If it was a three-bed property rent would be £1500pcm.

If you have any questions or queries regarding this valuation please contact us on 0117 911 3423, 07854367689 or craig@clifton-rentals.co.uk

COMMERCIAL MARKET APPRAISAL

Local Experts Burston Cook say:

33 Midland Rd – Ground Floor Office only - £5,000 per annum

For further information please contact Charlie Kershaw MRICS

charlie@burstoncook.co.uk