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Mixed-use freehold investment with parking, let at £33,400 pa (1) On the instructions of Executors

31, 31A, 33 & 35 Church Road, Bristol, Somerset BS13 8JL

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Tenure
to buy or to let
Listed
2 days ago

Property Description

• Comprising 3 shops (1 sold off) and a self-contained 3-bedroom flat. • Shops t/a Post Office (£14,000 pa) & Café (£8,000 pa) • 3-bedroom flat let at £11,400 with new rent agreed at £16,200 pa (1) • Development potential subject to all necessary consents and permissions. • Prominent roadside parade with parking in a residential suburb. • Total current rent: £33,400 per annum • To be offered by Knight Frank at Auction on 18/09/2025, unless sold prior. The property is arranged over ground and first floor, to provide a Post Office and a Café (N35 is sold off on a long lease) together with a self-contained 3-bedroom flat. The property also benefits from onsite parking. FLOOR AREAS (Source from the VOA) 31 - Ground Floor – 57.5 sq m (619 sq ft) 31A – First Floor - 3-bedroom flat 33 - Ground – 26.4 sq m (284 sq ft) 35 – Ground & First Floor – Sold off on a long lease TENURE Freehold TENANCY 31- let to Dev Bristol Limited (t/a Post Office) for a term of 15 years from 17th June 2024 at £14,000 per annum 31A (Flat) let on an expired AST – Passing rent £11,400 pa with a new rent of £16,200 pa having been agreed with the tenant but not documented. The matter will remain outstanding. (1) 33 - Let to an Individual (t/a Café Ang) for a term of 6 years from 1st March 2021 at £8,000 per annum 35 - Let to Individuals (t/a CJ Hole) for a term of 999 years from 1st February 2004 at a ground rent of £25 per annum. Total Passing Rent: £33,400 per annum (1) subject to renewal of the AST increasing to £38,200 per annum VAT VAT is not applicable EPC RATING See legal pack
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Knight Frank - Peter Mayo

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