A mixed-use property arranged as a ground floor takeaway (with basement storage), with a first floor self-contained 2 bedroom flat, and further 3 bedroom self-contained HMO. The flats are let producing a gross annual rent of £43,365pa and the takeaway will be offered for sale with vacant possession and could therefore suit an owner occupier. However, once fully let, we would anticipate a total gross rent of circa £67,000pa. The flats are let to students on Assured Shorthold Tenancy agreements and benefit from both gas central heating and upvc double glazing. The premises is located in a highly desirable position on Whiteladies Road.
DESCRIPTION -
A mixed-use property arranged as a ground floor takeaway (with basement storage), with a first floor self-contained 2 bedroom flat, and further 3 bedroom self-contained HMO. The flats are let producing a gross annual rent of £43,365pa and the takeaway will be offered for sale with vacant possession and could therefore suit an owner occupier. However, once fully let, we would anticipate a total gross rent of circa £67,000pa. The flats are let to students on Assured Shorthold Tenancy agreements and benefit from both gas central heating and upvc double glazing.
LOCATION -
The property is situated in a highly prominent trading position towards the top end of Whiteladies Road, Clifton.
ACCOMODATION -
The ground floor is arranged as a takeaway with commercial extraction and a large basement providing ancillary storage. The flats are both self contained with gas central heating. Please refer to the floor plan for the layout.
TENURE -
Offered for sale on a freehold basis, subject to the occupational tenancies outlined below.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating:
Shop: C
First Floor Flat: C
Maisoneette: D
TENANCY DETAILS -
SHOP -
The shop is currently let at £22,000pa but is offered for sale with vacant possession.
FIRST FLOOR FLAT -
Let at £1,475pcm (£17,700pa) on an Assured Shorthold Tenancy agreement (£17,700pa).
SECOND & THIRD FLOOR MAISONETTE -
Let as an HMO at £2,138.75 pcm (£25,665pa) on an Assured Shorthold Tenancy basis (£25,740pa).
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.
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.
