Speedwell Road, Speedwell, Bristol BS15 1ES

Offers in the region of £250,000 - For Sale

  • MIXED USE
  • CAFE & MAISONETTE
  • INVESTMENT OPPORTUNITY



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A mixed-use property comprising a well presented ground floor café, approx 660 sq ft, benefiting from commercial extraction and gas central heating. In addition the rear and first floor provides a spacious 3 bedroom self contained maisonette. In addition, the property benefits from a rear yard and dilapidated garage. The café is let at £7,500pa although the lease is now due for renewal, the flat is let on an Assured Shorthold Tenancy agreement.

DESCRIPTION -

A mixed use property comprising a ground floor café, trading as 'Hungry Horace's, café and take away'. The tenant has recently refurbished the café and whilst the lease term has now lapsed, we understand they would like to renew. The café benefit's from commercial extraction, gas central heating and pedestrian rear access. In addition there is a 3 bedroom maisonette located to the rear and the first floor. The flat also benefits from gas central heating although is in need of some modernisation.

LOCATION -

Situated in a mixed parade on Speedwell Road, close to the junction with Charlton Road, in the suburb's of East Bristol.

OUTSIDE -

There is a courtyard to the rear with vehicular access, a dilapidated garage and the entrance to the maisonette.

FLOOR PLAN -

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

VIEWING -

Strictly by appointment with Maggs and Allen only.

ENERGY PERFORMANCE CERTIFICATE -

Shop - D - Valid to July 2030
Flat - D - Valid to July 2030

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TENANCY INFORMATION -

CAFE -

The café is let on a 3 year effectively internal repairing term from February 2017 at a current passing rent of £625pcm (£7,500pa). The lease is therefore due for renewal and we understand the tenant would like to renew.

MAISONETTE -

The flat is let at a discounted rate of £105 per week (£455pcm) on an Assured Shorthold Tenancy agreement for a term of 12 months from April 2017. However, we would anticipate a potential rent in the region of £750pcm should the flat be modernised.

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.

Floorplan for Speedwell Road, Speedwell, Bristol