UNDISCLOSED AMOUNT SOLD
LOT 45
10 -11, DENMARK STREET, CITY CENTRE, BRISTOL BS1 5DQ
City Centre BRISTOL GUIDE PRICE : £275 K +++
PROPERTY AREA 5875.0 ft 2 /545.8 m 2
Mixed use in a central location A Grade II Listed Freehold opportunity comprising 10 & 11 Denmark Street (5875ft 2 ) comprising an established restaurant (A3) trading on the ground floor/mezzanine and basement plus a self contained 9 bedroom HMO on the upper 3 floors. • Existing income The property is current let to SA Brain on a 30 year lease from 27th October 1997 (refer to legal pack). The property is arranged as 2 Freeholds (10 & 11) and subsequently two identical leases generating £9,500 each per annum (£19,000 per annum) • Scope to increase income • Upper floors - potential The upper floors would be suitable for conversion to self contained flats (subject to consents).
72
• Rental Appraisal: Cifton Rentals:
£545.00 per room/£58860 pa.
SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
Made with FlippingBook flipbook maker