24 Denmark Street pdf

MIXED USE INVESTMENT OPPORTUNITY
FOR SALE
24 DENMARK STREET, CITY CENTRE,
BRISTOL

EXCELLENT CITY CENTRE LOCATION, CLOSE TO WATERFRONT, COLSTON HALL,
PARK STREET AND WITHIN WALKING DISTANCE OF CABOT CIRCUS AND TEMPLE
MEADS RAILWAY STATION

FULLY LET FIVE BEDROOM MAISONETTE ON THE UPPER FLOORS PRODUCING AN
INCOME OF £21,000 PER ANNUM, GROUND FLOOR RETAIL UNIT CURRENTLY
PRODUCING £9,600 PER ANNUM

GUIDE PRICE £415,000
LOCATION
The property is situated on Denmark Street in Bristol City Centre in very close proximity to the Waterfront,
Bristol Hippodrome, Colston Hall, Queen Square and bustling Park Street. Bristol Temple Meads Railway
Station, Cabot Circus and Bristol Bus Station are all within easy walking distance and the property is situated
close to the main faculties of Bristol University.
DESCRIPTION
The property is a mid terraced period property comprising a self contained ground floor lock up retail unit
with the benefit of basement storage. The upper floors have been converted to provide a five bedroom
maisonette with separate access to the rear of the building. The maisonette is fitted to a high standard and
provides 5 bedrooms, separate kitchen, living area and bathrooms.
ACCOMMODATION
In accordance with the RICS Code of Measuring Practice (6th Edition), the property has the following
approximate floor areas:Ground Floor retail unit
Basement stores
Upper floors
370 sq ft
(34.4 sq m)
387 sq ft
(36 sq m)
Five bedroom maisonette
TENURE
The property is available to purchase freehold.
We are informed by our client that the upper floor maisonette is currently let by way of an Assured
Shorthold Tenancy, which produces £21,000 per annum. The ground floor retail unit is currently let to a
barber shop with a lease expiry in September 2015. This unit currently produces a rent of £9,600 per
annum.
The total rent receivable for the property is therefore currently £30,600 per annum.
We are awaiting copies of the Assured Shorthold Tenancy and the commercial lease and these will be
made available upon request.
PRICE
Guide price of £415,000.
EPC
An EPC for the property can be made available upon request.
VAT
All rents and prices quoted are exclusive of VAT if applicable.
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in this transaction.
VIEWING AND FURTHER INFORMATION
Strictly by appointment with the sole agents:Burston Cook
FAO: Charlie Kershaw MRICS
Tel:
0117 934 9977
Fax:
0117 930 0633
SUBJECT TO CONTRACT
APRIL 2015
Control of Asbestos at Work Regulations 2002
Under the Control of Asbestos at Work Regulations 2002 (CAW Regulations), the owner or tenant of the property, and any one else who has control over it and/or responsibility for
maintaining or repairing it, may be under statutory obligation to detect and manage any asbestos or asbestos related compounds contained within the property. Failure to comply with the
CAW Regulations is an offence and could adversely affect the value of the property.
The detection of asbestos and asbestos related compounds is beyond the scope of Burston Cook expertise and accordingly: (1)
Burston Cook makes no representation as to the presence or otherwise of any asbestos or asbestos related compounds in the property.
(2)
Burston Cook strongly recommends that prospective purchasers obtain advice from specialist environmental constants if they have any concerns about asbestos and asbestos related issues.