POSTPONED DELAY WITH LEGAL PACK
SOLD
LOT 20
Old Market BRISTOL GUIDE PRICE : £750 K +++ DEBEN HOUSE, 1 - 5, LAWRENCE HILL, BRISTOL, BS5 0BY
PROPERTY AREA 10,619 ft 2 /987 m 2
Commercial Investment or residential development
45
An attractive red brick Freehold property occupying a prominent corner position in the sought after Old Market District close to Bristol City Centre. The property comprises a range of shared & private spaces and whole floors let to local businesses with a communal space on the ground floor. • Commercial Investment - £120K PA The property is currently let (100% occupancy 15.8.18) producing £120,000 per annum We understand the building has been 96-100% occupied since 2015 with an annual net profit of between 75-85%. • Residential development Plans (18/03158/COU) for 18 residential units were submitted (withdrawn due to decision not being made in time for the auction date) • Student housing There is huge demand for student accommodation in this central location and buyer may wish to investigate this option.
PROPOSED SCHEME
SOLICITORS
contact:
Aaron Bennett, Temple Bright
aaron.bennett@templebright.com
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