Hollis Morgan Commercial&Investment

Tel: 0117 973 6565

Email: sales@hollismorgan.co.uk

9 Waterloo Street
Clifton
Bristol
Avon
BS8 4BT

PRIME CLIFTON VILLAGE FREEHOLD INVESTMENT

Guide Price £1,200,000 Under Offer

4 Bedroom Commercial

  • FOR SALE BY ONLINE AUCTION
  • WEDNESDAY 21ST APRIL 2021
  • VIDEO TOUR NOW ONLINE
  • VIEWINGS - REFER TO DETAILS
  • DOWNLOAD ONLINE LEGAL PACKS
  • APRIL LIVE ONLINE AUCTION
  • PRIME CLIFTON FREEHOLD
  • INVESTMENT - £64,350 pa
  • 4 FLATS + RETAIL UNIT
  • EXTENDED COMPLETION

Hollis Morgan - A prime CLIFTON VILLAGE FREEHOLD INVESTMENT ( 4294 Sq Ft ) comprising RETAIL UNIT and FOUR FLATS producing an income of £64,350 pa

COVID UPDATE – LOCKDOWN 3.0

Following Government advice ( 05.01.21 ) the housing market will remain open during the new lockdown in England.
Hollis Morgan are open for viewings and valuations whilst adhering to the latest social distancing and PPE rules.
Please contact the auction team for any questions.

ADDRESS

15 Regent Street, Clifton, Bristol, BS8 4HW

THE PROPERTY

A Freehold mid terraced mixed use period property ( 4294 Sq Ft ) arranged over 5 floors comprising a large retail unit and four self contained flats with courtyard garden to the rear,
Sold subject to existing tenancies.

LOCATION

Clifton Village is one of the most unique and sought after locations in the City. From its very early days as a Spa destination to the later Georgians and Victorians Clifton offers charm at every turn from the fine sweep of Royal York Crescent to the grandeur of Victoria Square. At its heart lies the picturesque “Village” offering an eclectic range of independent shops, boutiques, cafes, bars and restaurants including Cote, The Ivy and the Avon Gorge Hotel. The Downs offers four hundred acres of green public space whilst Brunel’s Clifton Suspension Bridge provides a gateway to the Ashton Court Estate with its woodlands, mountain bike trails and walks whilst there is excellent access to the exciting Harbourside district, the City Centre and Temple Meads.

THE OPPORTUNITY

PRIME CLIFTON VILLAGE INVESTMENT

A rare opportunity to acquire a Clifton Village Freehold with excellent commercial tenant and potential to increase the current rents for the flats.

POTENTIAL BREAK UP

There is scope for an individual sale of the units - please contact the Hollis Morgan Residential sales team for further details.

SCHEDULE OF INCOME

RETAIL UNIT
Rent £18,750 pa since February 2018
5 year lease expires January 2023

FLAT 1
Rent £650 pcm since February 2014
Let on rolling AST contract.

FLAT 2
Rent £1100 pcm since January 2020
Let on rolling AST contract

FLAT 3
Market Rent £1000 pcm
Currently unoccupied to assist with sale & viewings

FLAT 4
Market Rent £1050 pcm
Currently unoccupied to assist with sale & viewings

TOTAL POTENTIAL INCOME
£64,350 pa

Please refer to online legal pack for further details.

SCHEDULE OF ACCOMMODATION

RETAIL UNIT

Ground Floor & Basement Level.
Access to rear courtyard.

FLAT 1

A self contained 1 bedroom unit on the rear of the property arranged over three floors providing kitchen, bathroom plus separate lounge and bedroom.

FLAT 2

A self contained first floor flat with open plan kitchen / dining / living room to the rear, two double bedrooms to the front ( with integrated storage in bedroom 1 ), utility corridor and shower room.

FLAT 3

A self contained second floor flat with open plan kitchen / dining / living room to the rear, two double bedrooms to the front ( with integrated storage in bedroom 1 ), utility corridor and shower room.

FLAT 4

A self contained top floor flat with open plan kitchen / dining / living room to the rear, two double bedrooms to the front ( with integrated storage in bedroom 1 ), utility corridor and bathroom.

PROPERTY DETAILS DISCLAIMER

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller.

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

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