UNDER OFFER, Guide Price £250,000
10, Arnside Road, Southmead, BS10 6AT
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SHORTLIST- FREEHOLD
- MIXED USE
- INVESTMENT | DEVELOPMENT
- RETAIL UNIT + FLAT
- SCOPE 2 X 2 BEDS
- POSSIBLE 4 BED HMO
- ESTABLISHED RANK
- FULLY LET
- CLOSE TO SHOPS
THE PROPERTY
10 & 10A Arnside Road, Southmead, Bristol, BS10 6AT
A Freehold mixed use property ( 1851 Sq Ft ) in an established parade of similar units.
10 - Ground Floor Retail Unit
10a - First & Second Floor Maisonette
Sold subject to existing tenancies.
LOCATION
The property is located in the heart of Southmead. Easy access is provided to Southmead Hospital, Airbus and Rolls Royce making this a great location with strong rental demand. A wide range of local amenities are available on Southmead Road and Lidl supermarket are close by.
THE OPPORTUNITY
MIXED USE INVESTMENT
COMMERCIAL - £9,000 pa from commencement date ( 2020 ) until 13 February 2025. Thereafter a rent of £14,000 pa will be payable until the end of the term in 2030.
MAISONETTE - Let on rolling AST at a rent of £715 pcm | £8,580 pa
TOTAL - £17,580 / £22,580
MAISONETTE WITH POTENTIAL
The large upper maisonette ( 721 Sq Ft ) has a range of development opportunities with similar units being converted into
2 x 2 Bed Flats
1 x 3 Bed Flat
1 x 3 Bed HMO ( £1,875 pcm + bills )
1 x 4 Bed HMO ( £2,400 pcm + bills )
Subject to gaining the necessary consents.
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 All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack.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.