UNDER OFFER, Guide Price £192,500

55, Old Market Street, Old Market, BS2 0ER

Bedrooms 2 Bathrooms 2 Reception 2

  • FREEHOLD
  • GRADE II LISTED
  • EXISTING RETAIL UNIT
  • ANCILLARY ON UPPER FLOORS
  • PLANNING GRANTED
  • CONVERT TO 2 BED MAIS
  • CENTRAL LOCATION
  • HUGE POTENTIAL

ADDRESS

55 Old Market Street, Old Market, BS2 0ER

THE PROPERTY

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.

LOCATION

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.

THE OPPORTUNITY

DEVELOPMENT OPPORTUNITY

Planning has been granted to convert the upper floors into a stylish maisonette in this sought after location.

INVESTMENT

The existing retail unit would make an excellent investment.

PLANNING GRANTED

NOTICE OF DECISION
Town and Country Planning Act 1990 (as amended)
Planning (Listed Buildings and Conservation Areas) Act 1990
Decision : GRANTED subject to condition(s)
Application no: 19/03842/LA
Type of application: Listed Building Consent (Alter/Extend)
Site address: 55 Old Market Street, Bristol, BS2 0ER.
Description of development: Internal and external alterations, including creation of roof terrace, to facilitate the change of use to the upper floors from office to 1x C3 Residential dwelling with creation of separate ground floor flexible use unit (retail
(A1) / Office (B1(a)).
Applicant: Mr Stott
Agent: Howard Baker Architecture & Design
Committee/delegation date: 14.11.19
Date of Notice: 14.11.19

PLANNING INFORMATION

Full details of the proposed scheme and drawings can be downloaded with the online legal pack.

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 rents in the region of;

2 bedroom maisonette - £1000pcm - £1100pcm

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.

COMMERCIAL MARKET APPRAISAL

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

WHY HOLLIS MORGAN?

Hollis Morgan hold the largest land & property auctions in the region.

Hollis Morgan sold more £££’s of Land & Property in both 2018 & 2019 than any other auctioneer in the region.
In fact, no auctioneer has sold more than Hollis Morgan since 2010 with over £289m of sales - £95m more than anyone else.
*Source EIG – Sales in BS and GL postcodes by agents based in BS or GL postcodes.

Hollis Morgan was the most successful Auctioneer in Bristol & North Somerset during 2018 – 2019 with an 87 % success rate.
*Source EIG – Sales in BS postcodes 2018 & 2019 by agents based in BS

TESTIMONIALS

We are very proud of what our past clients have say about us - please visit the Hollis Morgan website to read their testimonials.

CHARITY OF THE YEAR

Hollis Morgan are supporting Bristol Charity All Aboard Watersports as our 2020 Charity of the year with 5% of each Buyers premium being donated.
All Aboard Watersports strive to make it possible for everyone in the local community to join in a range of watersports and water related activities for people with physical, emotional or cognitive disabilities in the historic Bristol City Docks - www.allaboardwatersports.co.uk
In 2019 we were delighted to have raised well £10k for Bristol Zoo by supporting their Bear Wood Project at the Wild Place through events including the Hollis Morgan Opera Picnic and hosting their annual Gala Evening.
Visit the Hollis Morgan Charity page of our Website for further details - www.hollismorgan.co.uk/charity

AUCTION PROPERTY DETAILS DISCLAIMER

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller.


Local Information

Schools Stations Healthcare
Floorplan for RESI DEVELOPMENT - OLD MARKET Floorplan for RESI DEVELOPMENT - OLD MARKET Floorplan for RESI DEVELOPMENT - OLD MARKET