99 - 103, Bishopsworth Road, Bishopsworth, BS13 7JR

THE PROPERTY

99, 101 & 103 Bishopsworth Road, Bishopsworth, Bristol BS13 7JR

A Freehold mixed use investment property with accommodation arranged over 3 floors comprising 3 retail units and 5 x 2 bedroom flats with parking to the front and archway leading to enclosed yard to rear with garages and outbuildings.
Sold subject to existing tenancies and businesses not affected.

Tenure - Freehold
Council Tax - A
EPC - C
Utilities, Rights & Restrictions - Please refer to the Legal Pack
Flood Risk - Please refer to the Legal Pack

THE OPPORTUNITY

MIXED USE INVESTMENT | £104,250 pa

The property is an excellent high yielding investment capable of producing £104,250 pa ( current income £82,050 pa )
We understand there is scope to increase the current income - please refer to schedule below.

BREAK UP | COSMETIC UPDATING

The flats have been let for many years and would now benefit from some basic cosmetic updating which scope to break up the block for individual resale.

SCHEDULE OF INCOME

CURRENT INCOME - £82,050 pa

Retail @ 99 Bishopsworth Road - £15,000 pa ( 12 year lease from 18th June 2021 )
Retail @ 101 Bishopsworth Road - £7,900 pa ( 15 year lease from 2011 )
Retail @ 103 Bishopsworth Road - £10,250 pa ( 12 year lease from 2017 )
Flat 1 @ 101a Bishopsworth Road - £875 pcm | £10,500 pa ( AST Tenancy commencement 23/10/2019 )
Flat 2 @ 101a Bishopsworth Road - £1,100 pcm | £13,200 pa ( AST Tenancy commencement 10/12/2022 )
Flat 3 @ 101a Bishopsworth Road - £1,050 pcm | £12,600 pa ( AST Tenancy commencement 18/05/2022 )
Flat 4 @ 101a Bishopsworth Road - £1,050 pcm | £12,600 pa ( AST Tenancy commencement 1/4/2022 )
Flat 5 @ 101a Bishopsworth Road - Vacant
Total - £82,050 pa

POTENTIAL INCOME £104,250 pa

Retail @ 99 Bishopsworth Road - £15,000 pa
Retail @ 101 Bishopsworth Road - £7,900 pa
Retail @ 103 Bishopsworth Road - £10,250 pa
Flat 1 - £1,000 pcm | £12,000 pa
Flat 2 - £1,350 pcm | £16,200 pa
Flat 3 - £1,350 pcm | £16,200 pa
Flat 4 - £1250 pcm | 15,000 pa
Flat 5 - £975 pcm | £11,700
Total - £104,250 pa

Please contact Accommodation Unlimited ( https://aul.org.uk/ ) for further details.

SCHEDULE OF ACCOMMODATION

GROUND FLOOR

99 - Retail Unit
101 - Retail Unit
103 - Retail Unit

FIRST FLOOR

Flat 1 - Open Plan Kitchen Diner | Bedroom 1 | Bedroom 2 | Bathroom
Flat 2 - Open Plan Kitchen Diner | Bedroom 1 | Bedroom 2 | Bathroom | Terrace
Flat 3 - Open Plan Kitchen Diner | Bedroom 1 | Bedroom 2 | Bathroom | Terrace

TOP FLOOR

Flat 4 - Open Plan Kitchen Diner | Bedroom 1 | Bedroom 2 | Bathroom | Utility Room
Flat 5 - Open Plan Kitchen Diner | Bedroom 1 | Bedroom 2 | Bathroom

LOCATION

Bishopsworth is a lively and popular area located in the South of Bristol. Known for its strong community spirit it's a highly sought-after location for young professionals and families alike. Nearby Bedminster has excellent transport links, with easy access to the city centre and also has its own train station, providing regular services to Bristol Temple Meads. Nearby North Street is the heart of BS3 and offers a fantastic range of independent shops, cafes, and restaurants, as well as a weekly market and several supermarkets, there are plenty of green spaces nearby, including the popular Victoria Park, which offers tennis courts, a skatepark, and a children's play area. Bishopsworth is also just a short distance from Bristol's city centre and Harbourside district which offer a fantastic range of shops, restaurants, and cultural attractions.

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.