Commercial Investment, Highdale Avenue, Clevedon, Bristol, BS21 7LT

Asking Price £350,000 - For Sale

  • Let at £25,000pa
  • Approx. 1,050 sq ft
  • 2 Car Parks
  • Long Term Development Potential
  • Business Available by Seperate Negotiation



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**COMMERCIAL INVESTMENT - BUSINESS UNAFFECTED***

Maggs & Allen are delighted to market this tenanted commercial investment which also offers long term development potential. The site comprises a single storey building with enclosed garden and parking, and is let to a Nursery operator at £25,000pa until July 2023, although the tenant would like to extend the lease.

The Nursery benefits from gas central heating, UPVC double glazing, staff and children toilets, kitchen and play areas.

The plot further benefits from a large carpark fronting Old Street and a further carpark fronting Highdale Avenue, which both offer long term development potential.

DESCRIPTION -

**COMMERCIAL INVESTMENT - BUSINESS UNAFFECTED***
A detached nursery of approximately 1,050 sq ft with enclosed gardens and parking, let at £25,000pa. We understand the tenant would like to extend their lease although the site includes a large carpark fronting Old Street and a further carpark fronting Highdale Avenue, both of which offer residential redevelopment potential, subject to obtaining the necessary consents.

LOCATION -

Situated in a predominately residential location accessible from both Highdale Avenue and Old Street. Clevedon is a popular coastal town located just off the M5, providing easy access to Bristol and the South-West..

TENURE -

Offered for sale on a freehold basis subject to the occupation lease noted below.

LEASE TERMS -

The nursery is let together with 5 car parking spaces (fronting Old Street) and 3 staff car parking spaces (fronting Highday Avenue, at £25,000pa.
We understand the lease is due for renewal in July 2023. We are informed the tenant's would like to extend their lease, but a sale of the nursery business or vacant possession may also be considered. Please contact the office to discuss further.

ACCOMMODATION -

The site is occupied by a single storey building of approximately 1,050 sqft with additional and enclosed garden. There are approximately 9 car parking spaces in the carpark fronting Old Street, and a further 3-6 spaces fronting Highdale Avenue. We understand 8 spaces are demised to the tenant. A neighbouring garage benefits from a right of way across the Old Street car park.

FLOOR PLAN -

The floor plan and aerial images are provided for indicative purposes only and should not be relied on.

ENERGY PERFORMANCE CERTIFICATE -

Rating: D (Valid to June 2031).

VAT -

All figures quoted are exclusive of VAT unless otherwise stated.

VIEWINGS -

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.

Floorplan for Highdale Avenue, Clevedon, Bristol