3 Bed Mixed Use For Sale

Interested parties should contact Knight Frank Auctions for further information.



Description

The property is arranged over ground and first floor, to provide a Post Office and a Caf together with a self-contained 3-bedroom flat. (No.35 is sold off on a long lease)

The property also benefits from onsite parking.



FLOOR AREAS (Source:- 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 Caf 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



Location

The property occupies a prominent location in the heart of Bishopsworth, a well-established residential suburb located approximately 4 miles south of Bristol city centre.



The property is situated on Church Road close to its junction with Whitchurch Road. Campus Pool Skateboard Park is located close by along with a veterinary clinic, Highbridge United FC, St Peters Primary School, and Bedminster Down School. Carter Business Park is 600 meters to the East.



Occupancy

Tenanted



Tenure

Freehold



The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.



Auction Details

The sale of this property will take place on the stated date by way of and is being sold as Unconditional.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to the Common Auction Conditions and Extra General Conditions.



Auctioneer Fees and Deposit

The following deposits and non-refundable auctioneer fees apply:



• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.

• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.



The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.



Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.



Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.