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£450,000 

  commercial property for sale

Lodge Causeway, Fishponds, Bristol

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Agent details

Maggs & Allen

60 Northumbria Drive, Henleaze, BRISTOL, BS9 4HW
Tel: 0844 701 6222

Member of: NAEA NAVA
Interested in this property?

Property Information


Status: Available
Tenure: freehold
Price: £450,000

Full description


Freehold investment consisting of 2 shops (Bristol Gold & the £1 Store) and 3 one bedroom flats above. Situated in a busy trading position on Lodge Causeway, Fishponds. The property will be fully let producing £41,320pa and early enquiries are recommended.

LOCATION

The premises are located on Lodge Causeway off Fishponds Road providing easy access to the M32. Other noteable occupiers in the vicinity include Tesco Express and Co-operative Pharmacy.

ACCOMMODATION

294-296 LODGE CAUSEWAY

Large ground floor shop unit with additional office and toilet facilities, as well as rear warehouse.

Net internal floor area (shop) - 2,024sqft.

We are informed that a new 25 year lease has been agreed and is due to commence 1st April 2012 at a rent of £16,000pa with 5 yearly rent reviews and break clauses.

298 LODGE CAUSEWAY

Ground floor lock up shop unit with separate office, kitchen and toilet facilities.

Net internal floor area - 770sqft.

Currently let to 'Cash Transformers Ltd' producing £7,500 per annum (rising to £8,500pa in April 2012) until 15th November 2015.


294A LODGE CAUSEWAY

One bedroom flat currently let on an assured shorthold tenancy agreement producing £400pcm.

296A LODGE CAUSEWAY

One bedroom flat currently let on an assured shorthold tenancy agreement producing £515pcm.

298A LODGE CAUSEWAY

One bedroom flat currently let on an assured shorthold tenancy agreement producing £570pcm.

TENURE

We are informed that the property is freehold.

VAT

All figures quoted are exclusive of VAT.

VIEWING

By appointment.


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