FOR SALE
30/06/26
4025
18703734 / Rightbiz
A mixed-use investment property comprising a ground floor shop of approx. 900 ft², let on a 5 year lease at £12,000pa. The first floor is arranged as a self contained and spacious (approx. 720 ft²) 2 bedroom flat. The flat is currently vacant and would benefit from some updating. In addition, there is off street parking located to the rear of the property.
The shop has been recently refurbished by the current tenant and benefits from air conditioning. The flat is arranged as two bedrooms, a dinning hall, a lounge, separate spacious kitchen, and bathroom. It has night storage heating and would benefit from some modernisation.
LOCATION
The property is located in a prominent position on the junction of Wellington Hill West and Southmead Road, in Westbury On Trym, North Bristol.
ENERGY PERFORMANCE CERTIFICATE (EPC)
Rating:
Flat: E - valid to July 2029.
Shop: C - valid to April 2034.
VAT
All figures quoted are exclusive of VAT unless otherwise stated.
BUSINESS RATES/COUNCIL TAX BAND
Flat: Band A
Shop: The Rateable Value with effect from 2026 is: £11,000.
FLOOR PLAN
The floor plan is provided for indicative purposes only and should not be relied upon.
VIEWINGS
By appointment.
TENURE
Understood to be freehold but to be confirmed.
LEASE DETAILS
Shop: The shop is let on a 5 year effectively fully repairing and insuring term from April 2025, at a passing rent of £12,000pa, and subject to a 3 year tenant only break and upward only market rent review, and a £6,000 lease deposit.
Flat: The flat is currently vacant. Subject to some modernisation, we would anticipate a rent of approximately £1,350pcm.
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.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.