It comprises an end-terrace two storey building of rendered brick construction under a pitched tiled roof with residential on the first floor and a self-contained retail unit at ground floor level with fully glazed shop front.

The ground floor includes the main retail area with a kitchenette and WC to the rear. The flat accommodation comprises a two-bedroom flat with open plan kitchen/dining/living area and bathroom.

The property includes an enclosed yard to the rear with gated entrance.

Energy Performance Certificate: The retail unit has an EPC Rating of C-63 and the flat, C-71.

Location:

The property is situated on a corner position at the junction of Seymour Road and Cecil Road, approximately one mile south of the City Centre. 

It is situated in a prominent position in a residential area and there are several commercial premises in the vicinity with further amenities provided along the Bristol Road.

Accommodation:

76.21 sq m (820sq ft)

Price:

£255,000

Rates:

The Rateable Value listed on the Valuation Office Agency website for the retail unit is £6,100. The flat is within Band A for Council Tax purposes.

Planning:

The ground floor is being used as a beauty salon which falls within Class E of the Use Classes Order 1987. The flat falls within Class C3.

Terms:

The property is offered freehold subject to the occupational tenancies in place. 

Tenancies 

The retail unit is let for a period of 5 years from December 2022 at a rent of £8,000 per annum. 

The lease includes a tenant's break clause and rent review on the 3rd anniversary. A 3-month rent deposit is held. The flat is let on an Assured Shorthold Tenancy (AST) at a rent of £825 per month. 

The yard to the rear is vacant. Further information is available upon request.

VAT:

The property is not elected for VAT.

Legal costs:

Each party to bear their own legal costs incurred in the transaction.

Contact:

ASH Chartered Surveyors 

Simon McKeag: 07737 691453

simon@ashproperty.co.uk