Ashton Drive, Ashton, Bristol, Bristol

£220,000 - 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 arranged as a ground floor shop, let to 'Ladbrokes' at £6,500 per annum with an additional, self-contained 2 bedroom first floor flat. The flat is currently vacant however, we anticipate a rental income of approximately £900 per calendar month and therefore a potential gross income of £17,300 per annum. Early enquiries recommended.

DESCRIPTION -

A mixed-use investment arranged as a ground floor shop with rear courtyard, double garage and self-contained first floor 2 bedroom flat. The shop is let to 'Ladbrokes' at £6,500pa and the flat and garage are currently vacant. We would anticipate a market rent in the region of £900pcm for the flat and garage, i.e a potential gross renal income of £17,300pa.
The flat benefits from gas central heating although is in need of some updating.

LOCATION -

Situated just off Winterstoke Road, Ashton, within close proximity of the 'Sainsburys' and Ashton Gate Stadium.

LEASE DETAILS -

FLAT -

Currently vacant.

SHOP -

Let on a 5 year Full Repairing and Insuring lease to 'Ladbrokes Betting & Gaming Limited' at £6,500 per annum from 6th January 2014 to 5th January 2019. For the year ending 2015 'Ladbrokes Betting & Gaming Limited' reported a turnover of £830,678,836 and a profit before tax and finance income of £29,347,177 with 2,146 shops.

GARAGE -

Currently vacant.

FLOOR PLAN -

The floor plan is provided for indicative purposes only and should not be relied on.

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DOUBLE GARAGE - 4.67m x 4.98m (15'4 x 16'4 )

Accessed via rear lane.

NOTES -

We are informed by the vendor that the loft is of substantial size and holds potential for redevelopment, subject to obtaining the necessary consent.

ENERGY PERFORMANCE CERTIFICATE -

Shop Rating: C
Flat Rating: D

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.

VIEWING -

Strictly by appointment with Maggs & Allen.

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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.