50, Regent Street, Kingswood, Bristol, BS15 8LE

Asking Price £295,000 - For Sale

  • Mixed use property
  • Takeaway
  • 2 bedroom flat
  • Busy location

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***Ground Floor Takeaway & 2 Bedroom Flat***
Opportunity to acquire a fully fitted takeaway of approximately 800 sq ft with 2 bedroom flat above. Offered for sale freehold with vacant possession on the ground floor and the occupational AST of the flat, currently let at £850pcm. The property would suit investors or owner occupiers. Please note the vendor would be interested in taking a lease back of the ground floor at £12,000pa.

DESCRIPTION -

Mixed use property comprising a ground floor takeaway of approximately 800 sq ft with a 2 bedroom flat above. The takeaway is arranged as a front customer serving/dining area with rear kitchen, storage and WC. Benefits include a fully fitted kitchen, roller shutter and rear access. The first floor flat is let at £850pcm and is arranged as 2 bedrooms, open plan lounge/kitchen with adjoining bathroom. Access to the residential dwelling is via private land not owned by the vendor and therefore a license is in place to provide access. This is currently the sole access route and a temporary arrangement which can be terminated by the land owner once the license comes to an end if not renewed. We understand our client is due to renew the license for 1 year from 1st July 2023.

LOCATION -

Situated in a popular position on Regent Street, Kingswood opposite Kings Chase Shopping Centre benefiting and from high levels of footfall throughout the day and evening.

TENURE -

Understood to be freehold.

FLOOR PLAN -

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

BUSINESS RATES -

The rateable value with effect from April 2017 is £21,500.

ENERGY PERFORMANCE CERTIFICATE -

Takeaway: D
Flat: E

VAT -

All figures quoted are exclusive of VAT unless otherwise stated.

VIEWINGS -

By appointment with Maggs & 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.

NOTES -

We understand the vendor would be interested in taking a lease back of the ground floor takeaway at £12,000pa.
Access to the residential dwelling is via private land not owned by the vendor and therefore a license is in place to provide access. This is currently the sole access route and a temporary arrangement which can be terminated by the land owner once the license comes to an end if not renewed. We understand our client is due to renew the license for 1 year from 1st July 2023.

Floorplan for Regent Street, Kingswood, Bristol