Tower Road South, Warmley, Bristol

£120,000 - Sold Subject to Contract

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

***FREEHOLD COMMERCIAL UNIT WITH PARKING*** Double fronted commercial property of approximately 650 sqft situated in a pleasant residential location with parking to the front. The property has previously been let for £12,000 per annum and would suit an owner occupier as well as an investor with potential for conversion to residential subject to the relevant consents.

DESCRIPTION -

Ground floor lock up unit previously used as a Barbers/Tattoo Studio totalling approximately 650sqft. The property has the benefit of a front forecourt ideal for parking for at least 2 cars. Ideal owner occupation or investment/development purchase.

LOCATION -

Situated within close proximity to the Avon Ring Road providing excellent transport links to Bristol City Centre as well as the M4/M5 Motorway network. The property occupies the ground floor of a two storey property with residential all around.

TENURE -

Freehold and vacant possession.

PLANNING -

The property currently benefits from a retail use. The local authority have confirmed a full application for conversation to residential is not required and that prior approval would be sufficient (please contact the office for further information).

BUSINESS RATES -

The property has been split into two separate units, the rateable values as per the VOA website are:
Unit 1: £1,625
Unit 2: £3,450
Interested parties are advised to contact the local authority to confirm exact amounts payable and eligibility for small business rate relief.

NOTES -

We would anticipate a rental income of approximately. £9,000-£10,000 per annum although have been informed the property was previously let for £12,000 per annum.

ENERGY PERFORMANCE CERTIFICATE -

Rating: E.

FLOOR PLAN -

Provided for indicative purposes only.

VAT -

We are informed VAT is not applicable on top of the purchase price.

CONTROL OF ASBESTOS -

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.