180 A-D Cheltenham Rd
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180 A-D Cheltenham Rd
5,034 SF Retail Building Bristol BS6 5RB $1,491,017 ($296/SF)
Investment Highlights
- Rare Freehold Opportunity
- Potential for a Range of Alternative Uses
- Potential for a Range of Alternative Uses, Subject to the Necessary Consents
- Excellent Bus & Rail Links
- Sold With Vacant Possession
- Mixed Use (Retail/Residential)
Executive Summary
An Investment Opportunity With Vacant Possession for sale for £1,200,00: a Freehold Block of 4 Ground Floor Retail Units and 4 Apartments on the upper floors.
Unit 180A - 872 Sq. Ft
Unit 180B - 883 Sq. Ft
Unit 180C - 883 Sq. Ft
Unit 180D - 893 Sq. Ft
The premises are arranged across ground, first and second floors, with 4 self-contained retail units currently being used as office’s occupying the ground floor and accessed via Cheltenham Road. The upper floors are in need of complete refurbishment including the re-instatement of the roof and comprise 4 self-contained maisonettes, two x four-bedroom and two x three-bedroom, all residential units are vacant. The residential apartments were previously let out as licenced HMO’s.
The Location
Cheltenham road is located in Montpelier, just moments from Bristol's famous Stokes Croft area and a mile North of Bristol city centre. This is a vibrant and lively area known for its street art and creative culture and has a number of successful independent bars cafes and restaurants. An established and affluent residential area surrounds the site and given the close proximity to Bristol University the area is also popular with higher education students. It’s a sustainable location with several main bus routes passing directly by the site and nearby Montpelier train station offers regular routes to Bristol Temple Meads and its onward intercity services. The site is well placed for access to the MS32 motorway that leads to the M4 and M5.
CJ Hole, acting as sole agents, are instructed to dispose of the site by Informal Tender.
Services – Prospective purchasers must satisfy themselves in respect of the provision and capacity of all services and drainage and should rely on their own enquiries.
VAT – Not opted to tax for VAT purposes.
Unit 180A - 872 Sq. Ft
Unit 180B - 883 Sq. Ft
Unit 180C - 883 Sq. Ft
Unit 180D - 893 Sq. Ft
The premises are arranged across ground, first and second floors, with 4 self-contained retail units currently being used as office’s occupying the ground floor and accessed via Cheltenham Road. The upper floors are in need of complete refurbishment including the re-instatement of the roof and comprise 4 self-contained maisonettes, two x four-bedroom and two x three-bedroom, all residential units are vacant. The residential apartments were previously let out as licenced HMO’s.
The Location
Cheltenham road is located in Montpelier, just moments from Bristol's famous Stokes Croft area and a mile North of Bristol city centre. This is a vibrant and lively area known for its street art and creative culture and has a number of successful independent bars cafes and restaurants. An established and affluent residential area surrounds the site and given the close proximity to Bristol University the area is also popular with higher education students. It’s a sustainable location with several main bus routes passing directly by the site and nearby Montpelier train station offers regular routes to Bristol Temple Meads and its onward intercity services. The site is well placed for access to the MS32 motorway that leads to the M4 and M5.
CJ Hole, acting as sole agents, are instructed to dispose of the site by Informal Tender.
Services – Prospective purchasers must satisfy themselves in respect of the provision and capacity of all services and drainage and should rely on their own enquiries.
VAT – Not opted to tax for VAT purposes.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
5,034 SF
Building Class
C
Year Built
1960
Price
$1,491,017
Price Per SF
$296
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.71
Lot Size
0.16 AC
Frontage
77 FT on Cheltenham Road
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Nearby Major Retailers
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180 A-D Cheltenham Rd
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