3 storey mixed use investment comprising a ground floor office/retail unit with 2 self contained flats above. The first floor 2 bedroom flat is currently vacant with the second floor studio flat let at £595pcm, the ground floor office is to be sold vacant. We anticipate a potential gross income in the region of £24,140 once fully let.
Situated in a corner position on Two Mile Hill Road and within close proximity to Regent Street the property is located approximately 3.4 miles from Bristol City Centre. Nearby notable occupiers include Pizza Hut and William Hill as well as various independent retailers and eateries.
Understood to be Freehold.
Ground floor office/shop - To be sold vacant. We would anticipate a rental value in the region of £8,000pa.
First floor flat - Currently Vacant. We would anticipate a rental value in the region of £750pcm.
Second floor flat - Currently let on an AST as £595pcm.
The floor plan is provided for indicative purposes only and should not be relied upon.
The rateable value effective from April 2017 as per VOA website is TBC.
We would anticipate full rate relief would therefore be applicable to those eligible for small business relief. However interested parties are advised to make their own enquiries with the local authority to confirm.
Ground floor: C (June 2020).
Flat 315a: B (September 2014).
Flat 315b: B (September 2014).
All figures quoted are exclusive of VAT unless otherwise stated.
By appointment with Maggs and Allen.
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.
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.