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Two-bedroom flat and shop investment

Bristol, BS16 - Get Access

2 bed 1 bath

Description

A freehold mixed-use investment property occupying a prominent corner position on Fishponds Road, comprising a ground floor commercial unit of approximately 793 sq ft with a self-contained two-bedroom flat above. The property offers a potential rental income in the region of 30,000 pounds per annum once fully occupied. The ground floor commercial unit was previously let as a hair and beauty salon and comprises a spacious retail area, treatment room, kitchen, utility room, WC, and an enclosed courtyard to the rear with potential to create off-street parking or garaging given the adjacent dropped kerb. The commercial unit is sold with vacant possession and has an estimated market rent of 15,000 pounds per annum. The self-contained first floor flat comprises two double bedrooms, a kitchen, bathroom, and a large living room, and is currently let producing 1,100 pounds per calendar month (13,200 pounds per annum) with scope to increase. The property is situated in a busy and well-established location in East Bristol, benefiting from a wide range of local shops, cafes, restaurants, and everyday amenities. The location is well served by regular bus routes providing convenient access to Bristol City Centre and surrounding areas, with the M32 and A4174 ring road also easily accessible.