Two Mile Hill Road Kingswood, Bristol
£199,950

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Mid Terrace Property Set Just Below The High Street
Mixed Use – Ground Floor Commercial and First Floor Residential
Appearing Structrurally Solid
Excellent Rental Potential – A Sound Buy to Let Investment
Ground Floor Lock Up Shop With Separate Kitchenette and Cloakroom
First Floor Flat – A Studio That Could Become a One Bed
Good Outside Space Offering Further Potential
An Exciting Opportunity – Easy and Rewarding Project
Set Between Other Commercial Properties With Plenty of Passing Trade and Nearby Residential
Offered Without Onward Chain!!

MIXED USE INVESTMENT PROPERTY WITH EXCELLENT RENTAL POTENTIAL IN GREAT LOCATION!! TLS Estate Agents are delighted to bring to the market this exciting opportunity to acquire a mid terrace building that comprises a ground floor lock up retail unit and first floor flat complimented by sizeable outdoor space. Appearing structurally solid and in need of only modernising this is sure to be a worthwhile and rewarding project that would generate an excellent return for the savvy investor. Equally it would suit someone looking to run their own business downstairs with accommodation above. The ground floor boasts a spacious ‘shop floor’ with a separate kitchenette and W.C. whilst upstairs is a self contained flat comprising living area, kitchen area, bedroom area and shower room. A lovely size garden could compliment the flat, or perhaps subject to planning could be developed to give additional shortage / workshop space.

THE SHOP

A ground floor lock up shop / retail unit, enjoyed for many years by our clients late husband who ran a successful television repair shop! The shop benefits from excellent window frontage and comprises main shop floor with separate kitchenette and cloakroom. The property is versatile and would surely suit office or small retail, perhaps even a cafe given the excellent outdoor space. NB – purchasers should enquire as to whether planning consent would be required for their intended use.

THE FLAT

A first floor studio flat that could, with some finessing, potentially become a one bedroom flat. The flat shares an entrance with the shop, and stairs lead to the first floor. From here you enter into the living space which is open to the kitchen. Towards the rear of the flat is an open bedroom and sizeable shower room separated by a useful utility area. Patio doors lead out onto a balcony, from which galvanised steps lead down to the outdoor space.

OUTDOOR SPACE

To the rear of the property lies a sizeable garden that can only be accessed by either the shop or flat, and could be allocated to either property in order to compliment them – for example creating a garden flat, or that outdoor seating area for the shop. Subject to planning – outbuildings could also be erected creating additional workshop / storage space for the commercial element of the building.

Property Information

We are advised that this property is of FREEHOLD tenure with no service charges or ground rent payable, and that the property is offered on one freehold title. EPC Rating – Flat – D EPC Rating – Shop – TBC Council Tax – Flat - Band A with Bristol City Council Rateable Value – Shop – TBC Mains electricity is connected along with water and drainage. We are advised that the gas has been temporarily capped following a prolonged vacant period – but is easily reinstated once ready.

Rental Figures

We feel that the shop could command £750 per calendar month, and the flat some £850 per calendar month conservatively. This gives a yield of some 9.6% at asking price.

VIEWINGS

Viewings are strictly by appointment only - please contact TLS to arrange your internal inspection.