Property photos
Freehold
£485,000
Studio for sale
West Street, St. Philips, Bristol, Somerset BS2EPC rating: C
Key Information
Tenure:
Freehold
Council tax band:
A band has not yet been confirmed.
Local area information
Property location
Nearby amenities
- Andalusia Academy Bristol 0.2 miles
- Hannah More Primary School 0.2 miles
- Temple Bridge (Bristol) Ferry Landing 0.4 miles
- Temple Meads Station Ferry Landing 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bristol to find out more about the local area.
Features and description
- Freehold
- Mixed use investment
- 2 X one bedroom flats
- Iconic bristol bar
- Basement level/ store
- Sold with freehold & no chain
- All three units fully occupied
- Current gross income of £38,460p
***mixed use investment in central location***
Opportunity to purchase a substantial mixed use investment comprising a bar occupying the ground floor and basement with 2 one bedroom flats above. The property is fully let producing a gross income of £38,460pa plus service charge. Situated in a corner position on West Street and Midland Road, Old Market the property benefits from easy access to Bristol city centre, Temple Meads and Cabot Circus.
Description -
Substantial mixed use investment comprising a bar with 2 one bedroom flats.
We understand the bar is let on a 10 year Full Repairing and Insuring lease recovered by way to a service charge from October 2018 to sole trader at a passing rent of £15,000pa.
The flats are let as follows:
4a West Street - £960pcm
4b West Street - £995pcm
Therefore the property is fully let producing a gross income of £38,460pa.
Location -
Situated in a corner position on West Street and Midland Road providing easy access to the M32 motorway and within close proximity to the Bristol City Centre, Cabot Circus and Temple Meads Train Station. Old Market is home to a variety of independent businesses and with various redevelopment projects underway is becoming an increasingly popular location.
Tenure -
Understood to be Freehold.
Opportunity to purchase a substantial mixed use investment comprising a bar occupying the ground floor and basement with 2 one bedroom flats above. The property is fully let producing a gross income of £38,460pa plus service charge. Situated in a corner position on West Street and Midland Road, Old Market the property benefits from easy access to Bristol city centre, Temple Meads and Cabot Circus.
Description -
Substantial mixed use investment comprising a bar with 2 one bedroom flats.
We understand the bar is let on a 10 year Full Repairing and Insuring lease recovered by way to a service charge from October 2018 to sole trader at a passing rent of £15,000pa.
The flats are let as follows:
4a West Street - £960pcm
4b West Street - £995pcm
Therefore the property is fully let producing a gross income of £38,460pa.
Location -
Situated in a corner position on West Street and Midland Road providing easy access to the M32 motorway and within close proximity to the Bristol City Centre, Cabot Circus and Temple Meads Train Station. Old Market is home to a variety of independent businesses and with various redevelopment projects underway is becoming an increasingly popular location.
Tenure -
Understood to be Freehold.
Floor plans and tours
Floor plans (3)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Chappell & Matthews - Bristol Sales
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Property descriptions and related information displayed on this page are marketing materials provided by - Chappell & Matthews - Bristol Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Chappell & Matthews - Bristol Sales for full details and further information.