£485 K SOLD
Stokes Croft GUIDE PRICE : £340 K +++ MIXED USE DEVELOPMENT OPPORTUNITY @, 144, CHELTENHAM ROAD, STOKES CROFT, BS6 5RL
PROPERTY AREA 544.1 ft 2 /50.6 m 2
Landmark property for development
A prominent mid terraced Freehold property arranged as a ground floor retail unit with plot to rear and two self contained one bedroom flats. Retail Unit/investment Let for £15,000 per annum on a 5 year lease from 15th June 2015 Flats for conversion The upper floors have PP to convert the existing maisonette into two self contained one bedroom flats. GDV £215k per unit. Conversion has now stopped and the flats require finishing. Building Plot/Coachhouse To the rear of the property is a plot with planning granted to erect a two bedroom coach house with courtyard garden. GDV £275k Rental Appraisal Bristol Residential Letting: £775 PCM for the 1 bedroom flats and £1100 PCM for the proposed 2 bedroom coach house.
Jonathan Wilson, Wards, Henleaze
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