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312 Wells Road, Bristol, BS4

Fixed Price
£315,000

£226.62 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

1,390 sq ft

129 sq m

SECTOR

2 bedroom mixed use property for sale

USE CLASSUse class orders: A5 Hot Food Take away and C3 Dwelling Houses

A5, C3

Key features

  • Rental Income: £21,220 p.a.
  • Gross Initial Yield: 6.74%
  • Comprises ground floor takeaway and 2-bedroom self-contained flat above
  • Situated opposite Broadwalk Shopping Centre

Description

Investment Consideration:
Gross Initial Yield: 6.74%
Rental Income: £21,220 p.a.
VAT is NOT applicable to this property
Comprises ground floor takeaway and 2-bedroom self-contained flat above
Situated opposite Broadwalk Shopping Centre with occupiers nearby including Superdrug, Iceland, Poundland, Greggs, B&M and many more.

Property Description:
The property comprises ground floor takeaway shop and 2-bed self-contained flat at first floor, providing the following accommodation and dimensions:
Ground Floor Takeaway: 68 sq m (732 sq ft)
Open plan retail, kitchen, storage, wc
First Floor Flat: 61 sq m (657 sq ft)
2 bedrooms, kitchen, living room, bathroom

Tenancy:
The takeaway is at present let to Miss Millies Fried Chicken Limited for a term of 10 years from 29th June 2020 at a current rent of £13,000 p.a. and the lease contains full repairing and insuring covenants. Rent review on 29.06.25 open market upward only. No breaks.
The residential flat is at present let on AST to an Individual for a term of 6 Months from 23rd February 2024 at a current rent of £8,220 p.a. Deposit held of £650.

Location:
Bristol is a city straddling the River Avon in the southwest of England with a prosperous maritime history. Its former city-centre port is now a cultural hub. Totterdown is an inner-suburb of Bristol, England, situated just south of the River Avon and to the south-east of Temple Meads railway station and the city centre. The property is situated opposite Broadwalk Shopping Centre with occupiers nearby including Superdrug, Iceland, Poundland, Greggs, B&M and many more.

Brochures

312 Wells Road, Bristol, BS4

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bristol Temple Meads Station1.2 miles
  • Bedminster Station1.3 miles
  • Lawrence Hill Station1.6 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a

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Notes

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Disclaimer - Property reference 312wells. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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