Charlton Road, Brentry, Bristol

£215,000 - Sold Subject to Contract

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

**MIXED-USE INVESTMENT*** Opportunity to purchase this fully let investment arranged as a ground floor takeaway with self contained 2 bedroom flat to the first floor. Currently producing £15,600 per annum. We understand the takeaway has approximately 9 years remaining on the lease and is situated in a pleasant location within driving distance to The Mall Cribbs Causeway and the motorway network.

DESCRIPTION -

A trading takeaway with rear kitchen, rear access, let on a long lease at £7,200 per annum. To the first floor is a spacious 2 bedroom flat currently producing £8,400 per annum.

LOCATION -

Situated in a pleasant residential location within a mixed rank of shops and eateries, the property has good links to the Mall Cribbs Causeway, Southmead Hospital and the M5 Motorway. We understand there is currently substantial development happening in the area with additional residential properties being built.

TENURE -

Freehold

TAKEAWAY -

Let on an Internal Repairing and Insuring Lease with approximately 9 years remaining. Let at £600 per calendar month.

FLAT -

Spacious 2 bedroom flat with large kitchen/living room let on an Assured Shorthold Tenancy Agreement at £700 per calendar month.

VIEWNG -

Strictly by appointment with Maggs & Allen.

BUSINESS RATES -

The ratable value with effect from April 2010 is £4,500.

COUNCIL TAX BAND -

Band: A

ENERGY PERFORMANCE CERTIFICATE -

Takeaway: C
Flat: C

VAT -

All figures quoted are exclusive of vat unless otherwise stated.

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.

LEGAL COSTS -

Each party to bear their own legal costs.

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Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
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.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.