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Six-bedroom development opportunity
Bedminster, BS3 - Get Access
6 bed
8 bath
Description
FOR SALE BY LIVE ONLINE AUCTION. ADDRESS | 88 East Street, Bedminster, Bristol, BS3 4EY. Lot Number TBC. The Live Online Auction is on Wednesday 22nd July 2026 @ 12:00 Noon. Registration Deadline is on Friday 17th July 2026 @ 16:00. The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can choose to bid by telephone, proxy or via your computer. Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”. THE PROPERTY. A Freehold commercial premises located on popular East Street adjacent to a number of recently completed residential developments. The property has access from both East Street and Herbert Street with accommodation (3445 Sq Ft) arranged over 2 floors comprising a large ground floor trading area and ancillary space to the rear and first floor. Sold with vacant possession. Tenure - Freehold. EPC - D. THE OPPORTUNITY. RESIDENTIAL DEVELOPMENT | PLANNING GRANTED. Planning has been granted to convert and extend the existing building to create 3 flats and a house plus the existing retail unit. Please refer to the proposed schedule of development. FURTHER POTENTIAL. Interested parties will note the potential for an additional residential unit on the rear of the ground floor retail unit. Subject to gaining the necessary consents. HOLLIS MORGAN NEW HOMES | GDV APPRAISAL. The Hollis Morgan New Homes team has appraised the site and is happy to provide further GDV advice. Unit 1 - £275,000 - £300,000. Unit 2 - £190,000. Unit 3 - £190,000. Unit 4 - £180,000. Retail Unit - £15,000 pa Rent | £150,000. Total - £985,000 - £1,010,000. RENTAL APPRAISAL. What rent can we achieve for you? The Bristol Residential Letting Co. are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of; of 88, East Street, 3 bed house - £1800pcm - £2000pcm | 1 bed flats - £1200pcm - £1300pcm. If you would like to discuss more detail on the potential for rental, you can call me on 07738766640 or email (danny@bristolreslet.com) for a no obligation discussion. I am always happy to advise investors on maximising their investment. I will look forward to hearing from you and helping you with your investment. PROPOSED SCHEDULE OF DEVELOPMENT. Commercial Unit – 149 Sq m. Ground Floor - Trading Area | Disabled WC | WC. Unit 1 - House | 91 Sq m. Ground Floor – Private Entrance | Open plan Kitchen / Living Space | Courtyard Garden | WC. First Floor – Bedroom 1 | En Suite | Bedroom 2 | En Suite. Top Floor - Bedroom 3. Unit 2 – Flat | 50 Sq m. First Floor - Communal entrance | Reception | Kitchen | Bedroom | Bathroom. Unit 3 – Flat | 50 Sq m. First Floor - Communal entrance | Open Plan Kitchen / Living Space | Bedroom | Bathroom. Unit 4 – Flat | 42.5 Sq m. Top Floor - Communal entrance | Open Plan Kitchen / Living Space | Bedroom | Shower Room. PLANNING GRANTED. Reference24/00566/F. Application ReceivedMon 12 Feb 2024. ProposalExtension and conversion of property to form flexible commercial/community use ground floor unit (Use Classes E and F), 3no. self-contained flats (Use Class C3) above, 1no. dwelling (Use Class C3) accessed from Herbert Street, and associated works. StatusDecided. DecisionGRANTED subject to condition(s). Decision Issued DateMon 22 Jul 2024. PLANNING INFORMATION. Full details of the proposed scheme and drawings can be downloaded with the online legal pack. LOCATION. Bedminster is a lively and popular area located in the South of Bristol. Known for its strong community spirit it's a highly sought-after location for young professionals and families alike. Bedminster has excellent transport links, with easy access to the city centre and also has its own train station, providing regular services to Bristol Temple Meads. Nearby North Street is the heart of BS3 and offers a fantastic range of independent shops, cafes, and restaurants, as well as a weekly market and several supermarkets, there are plenty of green spaces nearby, including the popular Victoria Park, which offers tennis courts, a skatepark, and a children's play area. Bedminster is also just a short distance from Bristol's city centre and Harbourside district which offer a fantastic range of shops, restaurants, and cultural attractions. SOLICITORS & COMPLETION. Solicitor Contact - TBC. EXTENDED COMPLETION. Completion is set for 8 weeks or earlier subject to mutual consent.