For Sale By Auction | 19:00, 30 July 2019 | Lot 12

308 Whitehall Road, Bristol, Bristol, BS5 7BW

*Guide | £190,000+ (plus fees)

  • Commercial Property
  • 1 Bedroom
  • Tenure: Freehold

Call the team on 0117 946 4949 for more information

Auction Date

Tue 30/07/2019

Auction Time

19:00

Auction Venue

Ashton Gate Stadium Winterstoke Road, Bristol, BS3 2LQ

Viewing Times:

Mon 15 Jul

12:00-12:15

Fri 19 Jul

12:00-12:15

Mon 22 Jul

12:00-12:15

Fri 26 Jul

12:00-12:15

Mon 29 Jul

12:00-12:15

A mixed use investment property returning a gross annual yield of circa 8.5%

Situated in a prominent position on the junctions of Gordon Road and Whitehall Road this a 2 storey mixed use property with loft conversion arranged as a self-contained lock-up shop and 1 bedroom maisonette above. The shop is currently let to a hair salon at £665 pcm, with approximately 2 years remaining in the lease. The maisonette is let until January by way of a 6 month AST at £695 pcm. Long term, there may be scope to convert the ground floor into residential use subject to the necessary planing consents.

Tenure

Freehold

Key points

• High yielding mixed use investment property • Currently let at £16,320 per annum • Shop – 53 sqm/ 570 sq.ft EPC c • Maisonette – 57 sqm/614 sq.ft. EPC D • Situated in prominent position • Open outlook over playing fields • Close to St George’s Park

Viewing

Mondays and Fridays 12.00 -12.15pm Viewings commence Monday 15th July

Search Pack

£360 inc VAT payable upon exchange of contracts.

For Sale by Auction

On Tuesday, 30th July 2019 at 7.00pm at Ashton Gate Stadium, Winterstoke Road, Bristol BS3 2LQ Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

Legal Pack

A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.

Energy Efficiency Rating (EPC)

Current Rating Shop - C. Maisonette - D

Local Authority

Bristol City Council

Solicitors

Barcan Kirby, 111-117 Regent Street, Kingswood, Bristol, BS15 8LJ, Ref: Mr Stephen Parker, Tel: 0117 919 2404

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.