Mixed use investment in Bristol with retail space, two studio apartments, and a garage
Undisclosed, BristolAsking Price: £350,000
Status:
FOR SALE
Date Submitted:
16/06/26
Advert ID:
3993
Reference:
18691398 / Rightbiz
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Business Details
An attractive mixed use investment comprising a retail premises over the ground floor and basement, two studio apartments, and a rear garage.
An attractive mixed use investment comprising a retail premises over the ground floor and basement, two studio apartments, and a rear garage.
The property is currently producing £22,200 per annum, with one studio flat and the garage vacant. Once fully let, the property is expected to achieve a rental income in the region of £33,000pa.
LOCATION
The property is situated in a prime location on Gloucester Road, renowned for its vibrant mix of independent shops, cafés, restaurants and everyday amenities, and is within close proximity of Bishop Road.
TENURE
Understood to be freehold. The first floor flat has previously been sold on a long lease.
LEASE DETAILS
The shop is let on the remainder of a 10 year lease from 2020 at £12,000pa with no break options or rent reviews outstanding.
The basement studio flat is let on an AST at £850pcm.
The ground floor studio flat is currently vacant but we anticipate a rent of circa £750pcm to be achievable.
The garage is also vacant put would suggest a rental value of £150pcm.
BUSINESS RATES
The rateable value for the shop with effect from 2026 is £7,300. We therefore would expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.
ENERGY PERFORMANCE CERTIFICATE (EPC)
EPC ratings:
Shop - E
Ground floor studio - C
Basement studio - C
FLOOR PLAN
The floor plan is provided for indicative purposes only and should not be relied upon.
VAT
All figures quoted are exclusive of VAT unless otherwise stated.
VIEWINGS
By appointment.
CONTROL OF ASBESTOS REGULATIONS
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for asbestos and therefore recommend all interested parties to make their own enquiries.
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