For sale by Public Auction on the 28 February 2019 at Sandy Park Conference Centre, Exeter EX2 7NN.
Guide Price - 95,000+
A mixed investment opportunity to acquire a mid terrace leasehold premises situated in the heart of Southmead, comprising of a currently vacant commercial premises on the ground floor, with a two bedroom maisonette above with a courtyard garden area, which is currently let on a rolling AST and generating an income of 6,200 pae.
Location - The property is situated within an established retail parade, amongst a variety of multiples including Lloyds pharmacy, McColls, Greggs, Iceland, Pizza Hut and Aldi, along with a host of local traders serving the surround residential area. Southmead is a suburb of Bristol and enjoys excellent road links to the M32 and A4, linking to the M4 & M5 respectively.
Ground Floor - Vacant retail premises comprising of two retail zones, internal storage area, office and kitchen area.
First & Second Floor Maisonette - First Floor: Entrance hall, kitchen and sitting room.
Second Floor: Landing, two bedrooms and bathroom.
Outside: Courtyard style garden area.
Notes - Please refer to the legal pack regarding length and conditions of the lease
An internal inspection of the maisonete has not been carried out.
EPC - None Domestic Energy Efficiency Rating - TBC
10A Energy Efficiency Rating - D
Auction Valuer - Wendy Alexander
Viewing - Strictly by prior appointment only with Chappell & Matthews 0117 946 6236. General enquiries Countrywide Property Auctions 01395 275691.
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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