Property Description

A three storey mixed use property with a rear single storey extension comprising a ground floor commercial unit along with residential accommodation to the upper floors. We have been advised the site extends to 0.080 acres with a Total GIA of 4,381 sq.ft. The ground floor comprises a commercial unit at number 45 trading as a fine art gallery. Number 45a comprises a commercial unit trading as a Portuguese Chicken restaurant. The first floor comprises residential accommodation with four bedrooms, kitchen and shower room, all accessed via a self-contained entranceway to the front which provides staircase access. The second floor comprises five bedrooms and two shower rooms. We are advised the property is held on a single lease commencing 05/06/2017 with a rent passing of £53,000 per annum on an initial term of 5 years currently rolling with 45 and 45a appearing to have been sub-let. We have not inspected the property and rely on an inspection from 2019. We are advised the upper floors meet HMO regulations and a licence is in place. Interested parties are advised to inspect the legal pack for more information.

Conservation Area

We have been made aware this property is in the Ffynone conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure

Freehold

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