UNDER OFFER, Guide Price £605,000

8, Cotham Hill, Redland, BS6 6LF

Bedrooms 5 Bathrooms 2 Reception 1

  • FREEHOLD
  • MIXED USE INVESTMENT
  • 5 BED HMO - £40,200 pa
  • RETAIL UNIT
  • FULLY LET £54,200 PA
  • EXCELLENT TRADING POSITION

THE PROPERTY

ADDRESS | 8 Cotham Hill, Cotham, Bristol BS6 6LF

A Freehold mixed use property located in the pedestrianised area at the lower end of Cotham Hill just a few yards from Whiteladies Road and within waling distance of Bristol University. The accommodation ( 2047 Sq Ft ) is arranged over 3 floors with ground floor retail unit and self contained 5 bedroom fully licensed HMO on the upper floors plus roof terrace and enclosed rear garden.
Sold subject to existing tenancies.

Tenure - Freehold
Council Tax - Band D
EPC - C

THE OPPORTUNITY

MIXED USE INVESTMENT | 54,200 pa

The property is fully let and sold subject to the existing tenants in this established trading area with excellent footfall and within walking distance of Bristol University

5 BED STUDENT HMO | £40,200 pa

The property is let for both the current and next academic year on a single AST contract terminating in July.

24/25 Academic Year | £39,000 pa / £650 pp pcm
25/26 Academic Year | £40,200 pa / £670 pp pcm

Contact Student Lettings specialists DIGS for further details.

COMMERCIAL INCOME

The retail unit is let to an established bakery chain ( Pullins | Class E )
10 year lease signed October 1st 2020 @ £14,000 per annum
*Please note there is a basement but this has not been inspected

Please refer to online legal pack to review both leases.

LOCATION

Redland is a highly sought after residential area located in North West Bristol, known for its excellent schools, green spaces, and proximity to both Whiteladies Road & Gloucester Road it's a popular location for families and professionals. One of the key advantages of living in Redland is its proximity to the beautiful Clifton Downs, which provides plenty of space for outdoor recreation, the area is also home to several excellent schools, including Redland Green School and Colston's Girls' School. Whiteladies Road, offers a fantastic range of independent shops, cafes, and restaurants, as well as several supermarkets and a cinema. The area also has excellent transport links, with regular bus services to the city centre and is just a short distance from the Bristol Museum and Art Gallery, as well as the world famous Clifton Suspension Bridge.

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 MIXED USE INVESTMENT | COTHAM HILL
EPC Graph for MIXED USE INVESTMENT | COTHAM HILL