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Chandos Road, Bristol *Guide Price £200,000 -£250,000

  • A commercial investment opportunity
  • Self-contained office unit.
  • The current rent is £20,000 per annum
  • EPC: F

*For Sale by Auction on 8th February* *Guide Price: £200,000 - £250,000* This is a substantial ground floor mid-terrace self-contained office unit. The property is roughly L shaped and arranged as a suite of offices totaling circa 111 sqm/ 1,195 sg ft. Currently let at £20,000 per annum this offers an attractive investment opportunity. Situated in the heart of Redland Chandos Road offers a range of local shops cafes and bars as well as Wilks Michelin starred restaurant.


Chandos Road
Bristol BS6 6PG
Sale Type: For Sale
Ref #: AH000201

An interesting commercial investment opportunity

Description

This is a substantial ground floor mid-terrace self-contained office unit. The property is roughly L shaped and arranged as a suite of offices totaling circa 111 sqm/ 1,195 sg ft. Currently let at £20,000 per annum this offers an attractive investment opportunity. Situated in the heart of Redland Chandos Road offers a range of local shops cafes and bars as well as Wilks Michelin starred restaurant.

Income

The current rent is £20,000 per annum on a five year lease with a three year rent review which falls due on 1st June 2018 giving an opportunity to increase the income.

Management Fee

The monthly contribution of the ground floor is currently £56 pcm

Viewing

Wednesdays 12.00 - 12.30

Possession

The property is sold subject to the existing tenancy.

Additional Fees

Buyers Admin Fee: 0.3% of the sale price subject to a minimum fee of £720 on the fall of the gavel/exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

For Sale by Auction

On Thursday 8th February 2018 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.


Chandos Road
Bristol BS6 6PG
Sale Type: For Sale
Ref #: AH000201

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Chandos Road
Bristol BS6 6PG
Sale Type: For Sale
Ref #: AH000201
Name Location Type Distance

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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