High Street, Hanham, Bristol BS15 3DR

£275,000 - For Sale

  • Mixed use investment
  • Shop & flat
  • Fully let
  • Producing £19,800 pa

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

***FULLY LET MIXED USE INVESTMENT*** Opportunity to acquire a mixed use investment situated on Hanham High Street. The property is fully let at £19,800pa and comprises a well presented ground floor shop/office with a 2 bedroom self contained flat above. Offered for sale on a Freehold investment opportunity.

DESCRIPTION -

A Mixed use investment fully let at £19,800pa. The property comprises a recently refurbished ground floor shop/office of approx 750 sqft, let to a care company at £10,800pa with a 2 bedroom flat self contained above currently let at £750pcm. In addition there is a private forecourt providing off street parking.

LOCATION -

The property is situated on the High Street in Hanham, notable neighbouring occupiers include Coral, Weatherspoons public house, The Co-Operative supermarket and several smaller independent retailers. Bristol City Centre is located approximately 4.1 miles away.

TENURE -

Understood to be Freehold.

FLOOR PLAN -

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

TENANCY INFORMATION -

Shop/office - Approximately 780 sq ft let at £10,800pa on the remainder of a 5 year lease from October 2019. The rent is to increase at the end of year 2 to £11,400pa

Ground floor flat - Currently let on an Assured Shorthold Tenancy at £750pcm (£9,000pa).

BUSINESS RATES -

The rateable value effective from April 2017 as per the VOA website is £5,800.

ENERGY PERFORMANCE CERTIFICATE -

Ground Floor EPC Rating: D (Expires July 2024).
First floor EPC Rating: D (Expires July 2024).

VIEWING -

By appointment with Maggs & Allen.

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.

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Maggs & Allen use all reasonable endeavours 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.