12, Badminton Road, Downend, Bristol, BS16 6BQ

Asking Price £530,000 - For Sale

  • Let to Andrews Estate Agency on new 10 year FRI term.
  • 2 Self-contained flats
  • Let at £41,100pa.
  • Prominent High Street location in Downend.



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EXISTING BUSINESS UNAFFECTED

A fantastic freehold investment opportunity located in a highly prominent position within a mixed parade of shops on Badminton Road, Downend. The property comprises of a ground floor shop/office (let to Andrews estate agents) with a very well-presented 1 bedroom flat above and 2 bedroom maisonette to the rear. The ground floor office is let on a new 10 year lease at £18,000 per annum and the flat above is let on an AST at £900 pcm, the rear maisonette is let on an AST at £1,025 pcm.

The property is therefore producing a total annual rent of £41,100.

DESCRIPTION -

EXISTING BUSINESS UNAFFECTED

A fantastic freehold investment opportunity comprising a ground floor shop/office (let to Andrews estate agents) with a very well-presented 1 bedroom flat above and 2 bedroom maisonette to the rear. The ground floor office is let on a new 10 year lease at £18,000 per annum and the flat above is let on an AST at £900 pcm, the rear maisonette is let on an AST at £1,025 pcm.

The property is therefore producing a total annual rent of £41,100.

LOCATION -

The property is situated in a highly prominent position within a mixed parade of shops on Badminton Road, Downend.

TENURE -

Offered for sale freehold subject to the commercial lease and residential tenancies.

ACCOMMODATION -

Ground Floor - Very well presented shop/office.
First Floor - Well proportioned 1 bedroom flat finished to a high standard throughout.
Rear Maisonette - Spacious living room with 2 double bedrooms, kitchen and bathroom.

TENANCY DETAILS -

GROUND FLOOR SHOP -

Let to Andrews Estate Agents on a new 10 year lease at £18,000 per annum, subject to tenant only break options and upwards only rent reviews end of years 3 and 7.

FIRST FLOOR FLAT -

Let on an Assured Shorthold Tenancy agreement at £900 pcm.

REAR MAISONETTE -

Let on an Assured Shorthold Tenancy agreement at £1,025 pcm.

ENERGY PERFORMANCE CERTIFICATE (EPC) -

EPC ratings:
Shop - E (expires April 2034)
Flat 1 - C (expires June 2032)
Flat 2 - C (expires June 2032)

FLOOR PLAN -

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

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.

Floorplan for Badminton Road, Downend, Bristol