21-23, High Street, Kingswood, Bristol, BS15 4AA

Guide Price £900,000 - For Sale

  • Beauty Salon Plus 5 Self Contained Flats
  • Fully Let
  • Producing Gross Rent of £64,800pa
  • Potential to increase



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A substantial freehold investment property comprising of a ground floor beauty salon and five well-presented, self-contained flats (2 x 1-Bedroom Flats, 2 x 2-Bedroom Flats & 1 x 3-Bedroom Flat). The property is currently fully let producing £64,800 per annum with the total rent due to increase to £68,400 per annum by 8th November 2022. Situated in a prominent position on the High Street in Kingswood, the property also benefits from a car park to the rear.

DESCRIPTION -

A substantial freehold investment property comprising of a ground floor beauty salon and five well-presented, self-contained flats (2 x 1-Bedroom Flats, 2 x 2-Bedroom Flats & 1 x 3-Bedroom Flat). The property is currently fully let producing £64,800 per annum with the total rent due to increase to £68,400 per annum by 8th November 2022. Situated in a prominent position on the High Street in Kingswood, the property also benefits from a car park to the rear.

LOCATION -

The property is situated on the High Street in Kingswood in a mixed parade of shops. Easy access is provided to the A4174 Ring Road and the motorway network.

ACCOMMODATION (approx. measurements) -

Beauty Salon: 119 sq m
Flat 1 (2-bedroom): 57 sq m
Flat 2 (2-bedroom): 47 sq m
Flat 3 (1-bedrroom): 41 sq m
Flat 4 (1-bedroom): 37 sq m
Flat 5: (2/3-bedroom): 81 sq m

LEASE/RENTAL DETAILS -

Beauty Salon: £1,350 pcm
Flat 1: £925 pcm
Flat 2: £825 pcm (rising to £925 pcm on 8th November 2022)
Flat 3: £650 pcm (re-let at £750 pcm from 4th September 2022)
Flat 4: £650 pcm (rising to £750 pcm on 30th September 2022)
Flat 5: £1,000 pcm

TOTAL RENT: £64,800 Per Annum (£68,400 Per Annum by 8th November 2022)

FLOOR PLAN -

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

ENERGY PERFORMANCE CERTIFICATE -

Ratings:
Shop: E (expires January 2029).
Flats 1 & 2 - E
Flats: 3 & 4 - C
Flat 5: D

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 High Street, Kingswood, Bristol