Flaxpits Lane, Winterbourne, Bristol

Asking price £220,000 - Sold Subject to Contract

  • MIXED USE
  • COMMERCIAL INVESTMENT
  • DEVELOPMENT POTENTIAL

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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The above is offered for indicative purposes only and should not be relied upon. Rates will vary lender to lender and subject to the customer’s specific circumstances. Fee’s may also apply.

Property Details

***MIXED USE FREEHOLD INVESTMENT WITH DEVELOPMENT POTENTIAL*** Opportunity to purchase a mixed use investment comprising a ground floor shop with first floor dental surgery above. The property is situated in on Flaxpits Lane, Winterbourne. The ground floor is let to 'The Redland Bakery' until November 2021 at £7,500pa with the first floor let at £6,300pa until January 2019. The property offers potential for conversion of the first floor to provide residential accommodation, subject to obtaining the necessary consents. Early enquiries are recommended.

DESCRIPTION -

An end of terrace property arranged as a ground floor shop with a first floor office/dental surgery. The first floor offers great potential for conversion to provide residential accommodation, subject to obtaining the necessary consents or could be continued to be let out as a commercial unit.

LOCATION -

Situated on Flaxpits Lane, Winterbourne within close proximity to the M32 motorway providing easy access to the Bristol City Centre. Nearby notable occupiers include Co-op Supermarket, Winning Post and St Peters Hospice.

FLOOR PLAN -

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

TENANCY DETAILS -

GROUND FLOOR -

Currently let to The Redland Bakery at £7,500pa on a 7 year lease from December 2014. There is a rent review due in December 2020.

FIRST FLOOR -

Currently let to a dental surgery at £6,300pa until January 2019.

OUTSIDE -

We are informed there is a parking space for each tenant at the rear of the property.

ENERGY PERFORMANCE CERTIFICATE -

Rating: E

BUSINESS RATES -

Ground floor - The rateable value as per the VOA website is £9,500.

First floor - The rateable value as per the VOA website is £5,200.

VAT -

All figures quoted are exclusive of VAT unless otherwise stated.

VIEWING -

Strictly by appointment with Maggs and Allen.

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.

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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.