764-766, Fishponds Road, Fishponds, Bristol, BS16 3UA

Asking Price £800,000 - For Sale

  • Substantial 3 storey property
  • Prominant location
  • Redevelopment potential
  • Fully let at £62,500pa until April 2025



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A substantial 3 storey mixed use property of approximately 4,213 sq ft located in a highly prominent position on Fishponds Road. The property is arranged as 2 ground floor retail units and storage with 2 floors of office space above, in addition there is a car park to the rear. The upper floors and ground floor storage offer great redevelopment potential for a scheme of flats or HMO, subject to consent. Planning was previously granted for the conversion of the ground floor storage and offices into 6 x 2 bedroom flats, although has since lapsed. There is also scope to create further dwellings by utilizing the loft space. The property is currently fully let producing £62,500pa with the office tenant vacating in April 2025. Offered for sale on a freehold basis subject to the occupational leases.

DESCRIPTION -

A substantial 3 storey mixed use property of approximately 4,213 sq ft. The property comprises 2 ground floor retail units and storage with 2 floors of office space above. The upper floors and ground floor storage offer great redevelopment potential for a scheme of flats or HMO, subject to consent. Planning was previously granted for the conversion of the ground floor storage and offices into 6 flats, although has since lapsed. There is also scope to create further dwellings by utilizing the loft space. The property is currently fully let producing £62,500pa with the office tenant vacating in April 2025.

LOCATION -

The property is situated in a highly prominent position on Fishponds Road. A wide range of local amenities are available on the doorstep including Natwest Bank, Coffee #1 and both Aldi and Lidl Supermarkets. Excellent transport links are also provided to the city centre.

TENURE -

Understood to be freehold.

ACCOMMODATION/RENTAL DETAILS -

764 FISHPONDS ROAD -

Approximately 695 sq ft
Lease Term– 10 years
Expiring – 30th March 2026
Rent - £ 16,000 per annum

766 FISHPONDS ROAD -

Approximately 511 sq ft
Lease Term– 5 years
Expiring – 11th December 2019. The current tenant is holding over and the vendor is in discussions to extend the lease
Rent - £ 9,000.00 per annum

OFFICES, 764 - 766 FISHPONDS ROAD -

Approximately 3,007 sq ft
Lease Term– 5 years
Expiring – 24th April 2025
Rent - £ 37,500.00 per annum

BUSINESS RATES -

The rateable values for the separate demises of the property are as follows:
764 Fishponds Road - £13,500
766 Fishponds Road - £10,750
FF & SF, 764 - 766 Fishponds Road - £20,750

ENERGY PERFORMANCE CERTIFICATE (EPC) -

EPC ratings:
GF, 764 Fishponds Road - C (expires March 2030)
GF, 766 Fishponds Road - C (expires May 2034)
FF & SF, 764 - 766 Fishponds Road - D (expires February 2025)

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 Fishponds Road, Fishponds, Bristol Floorplan for Fishponds Road, Fishponds, Bristol