UNDER OFFER, Guide Price £240,000
68, Regent Street, Kingswood, BS15 8LE
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SHORTLIST- FREEHOLD
- MIXED USE PROPERTY
- FULLY LET SHOP - £17K PA
- VACANT UPPERS FOR DEVELOPMENT
- REAR GARDEN
- HIGH STREET LOCATION
- SUBJECT TO PLANNING
- DEVELOPMENT POTENTIAL
- STRONG COMMERCIAL INCOME
- NEARBY PARKING
THE PROPERTY
ADDRESS | 68 Regent Street, Kingswood, Bristol BS15 8LE
A Freehold terraced property ( 1338 Sq Ft ) arranged as a ground floor retail unit ( Fully Let £17k pa ) with large garden and rear access.
On the first floor is an undeveloped vacant residential flat.
Upper floors vacant and shop subject to existing tenancies.
LOCATION
The property occupies a prime trading position on the bustling Kingswood High Street with strong footfall and visibility.
Local amenities and services including convenience stores, pubs, bars and cafes are all within walking distance.
Bristol City Centre is approximately four miles away.
THE OPPORTUNITY
COMMERCIAL INVESTMENT - £17K PA
The tenant in the retail unit has been in situ for circa 20 years and has recently signed a new lease ( 2021 ) for a further 6 years at a rate of £17k pa.
FLAT FOR DEVELOPMENT
The vacant upper floors comprise an undeveloped flat ready to be converted.
The flat has not been inspected at this stage but access can be created to the rear.
We understand planning has been previously sought - interested parties must make their own investigations.
PROPERTY DETAILS DISCLAIMER
Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.