A substantial end of terrace property which has been significantly extended to provide a ground floor office with garage and further first floor offices to the rear, in total approximately 3,160 sq ft. In addition, there is a self contained first floor one bedroom flat which is let on a conventional Assured Shorthold Tenancy basis. The commercial element is offered for sale with vacant possession, although is also available to let at £20,000pa. The site offers potential for redevelopment, subject to obtaining the necessary consents, but would also make an ideal mixed use investment property, would suit an owner occupier. The offices benefit from air conditioning, suspended ceilings, trunking, retail frontage and rear access.
A ground floor shop which has been significantly extended and fully refurbished to create a large ground floor office, with additional first floor office to the rear. The offices benefit from a garage with roller shutter access, rear access to the offices, air conditioning and courtyard.
The first floor is arranged as a 1 bedroom flat and is let at £550pcm, although we would suggest a market rent closer to £650pcm.
The commercial element will be offered for sale with vacant possession although is also available to let at £20,000pa. Once fully let at market rent, we therefore anticipate a total annual gross rent in the region of £27,800pa.
The property is situated at the end of a mixed parade on Filton Avenue, providing easy access to Glouceser Road. Noteable neighbouring occupiers include Tesco express, mydentist, Coral and various smaller independent retailers.
BUSINESS RATES -
The rateable value with effect from April 2017 is £9,128. We therefore expect those eligible for small business relief could benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: D (December 2017).
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon. We estimate the commercial parts provide approximately 3,160 sq ft Gross Internal Area/IPMS2. A floor plan for the flat will follow.
The commercial element is also available to let on an effectively full repairing and insuring basis at £20,000pa.
All figures quoted are exclusive of VAT unless otherwise stated.
Strictly by Appointment with Maggs and Allen
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.
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.