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.
• 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
Mondays and Fridays 12.00 -12.15pm Viewings commence Monday 15th July
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.
£360 inc VAT payable upon exchange of contracts.
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.
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.