Development Opportunity, 168, East Street, Bedminster, BS3 4EH

FOR SALE BY AUCTION

*** SOLD PRIOR TO AUCTION ***

GUIDE PRICE £500,000 +++
SOLD PRIOR @ £540,000

LOT NUMBER 25
Wednesday 24th May 2017
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00

THE PROPERTY

The property is currently arranged as an A3 use convenience store and three bedroom house.

EXISTING ACCOMMODATION

A3 retail unit currently 'Krakus' convenience store, offering store and kitchen ( £800 pcm New 6 Month Lease )
Three bedroom house split over three floors, pedestrian gate access ( 850 pcm - Rolling AST )
Parcel of green land to the rear of the property.

LOCATION

East street is a popular pedestrianised High Street and is close to North Street which offers an array of independent retailers, gourmet restaurants, affluent bars, cafes and friendly public houses. Bristol City Centre is less than 1 mile away.

THE OPPORTUNITY

Planning has been granted to part demolish / part redevelop the existing into 9 flats with a GDV of £1.8m

SCHEDULE OF PLANNING

FLAT 1
1 Bed / 59 Sq M

FLAT 2
1 Bed / 62 Sq M

FLAT 3
2 Bed / 79 Sq M

FLAT 4
1 Bed / 58 Sq M

FLAT 5
1 Bed / 58 Sq M

FLAT 6
2 Bed / 79 Sq M

FLAT 7
1 Bed / 58 Sq M

FLAT 8
1 Bed / 58 Sq M

FLAT 9
2 Bed / 79 Sq M

PLANNING INFORMATION

Reference: 15/06489/F
Alternative Reference: PP-04706937
Application Received: Thu 17 Dec 2015
Application Validated: Thu 21 Jan 2016
Address: 168 East Street Bedminster Bristol BS3 4EH
Proposal: Demolition of existing rear annexes (retaining main building block) and redevelopment as 9 apartments, landscaped deck area and associated works (as revised 16.03.2016).
Status: Decided
Decision: GRANTED subject to condition(s)
Decision Issued Date: Fri 15 Apr 2016
Appeal Status: Unknown

NEW HOMES GDV ADVICE

Please contact Calum Melhuish from the Hollis Morgan New Homes team to discuss GDV and details on this development.
0117 973 65 65
Calum@hollismorgan.co.uk