147 - 149 Gloucester Road Bishopston Bristol BS7 8BA

147 - 149 Gloucester Road
Bishopston
Bristol
BS7 8BA

Freehold Retail Investment with Unoccupied Building at Rear

  • Let to Pstores Realisations Limited (t/a Peacocks)
  • Unoccupied building at rear with future development potential (subject to consents)
  • Located on one of the main arterial routes into Bristol city centre
  • Nearby occupiers include NatWest Bank, Co-operative Supermarket, Tesco Express and Barclays Bank
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    65
  • Auction
    10th December 2015
  • Rent
    £45,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £715,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Fixed Joint Charge Receivers
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment with Unoccupied Building at Rear

  • Let to Pstores Realisations Limited (t/a Peacocks)
  • Unoccupied building at rear with future development potential (subject to consents)
  • Located on one of the main arterial routes into Bristol city centre
  • Nearby occupiers include NatWest Bank, Co-operative Supermarket, Tesco Express and Barclays Bank
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 65
  • Auction 10th December 2015
  • Rent
  • Status Sold
  • Price £715,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Fixed Joint Charge Receivers

Property Information

Location
Miles
3 miles north of Bristol city centre, 13 miles north-west of Bath, 21 miles north-east of Weston-Super-Mare
Roads
A38, B4054, M32 (junction 3)
Rail
Montpelier Rail Station
Air
Bristol International Airport
Situation

The property is situated in the suburb of Bishopston, just 3 miles north of Bristol city centre and 1 mile north of The University of Bristol. The property is located on the eastern side of Gloucester Road, which acts as one of the main arterial route’s into the city centre. Nearby occupiers include NatWest Bank, Co-operative Supermarket, Tesco Express and Barclays Bank.

Tenure

Freehold.

Location
Miles
3 miles north of Bristol city centre, 13 miles north-west of Bath, 21 miles north-east of Weston-Super-Mare
Roads
A38, B4054, M32 (junction 3)
Rail
Montpelier Rail Station
Air
Bristol International Airport
Situation

The property is situated in the suburb of Bishopston, just 3 miles north of Bristol city centre and 1 mile north of The University of Bristol. The property is located on the eastern side of Gloucester Road, which acts as one of the main arterial route’s into the city centre. Nearby occupiers include NatWest Bank, Co-operative Supermarket, Tesco Express and Barclays Bank.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with ancillary accommodation over part first and second floors and a basement which is currently unused. The remaining part first and second floors to the rear are currently unoccupied and were not accessed or measured by the auctioneers. The property benefits from an area to the rear used for a car park and a total approximate site area of 0.057 hectares (0.142 acres). There is an electricity substation on site.

Six Week Completion

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are
acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with ancillary accommodation over part first and second floors and a basement which is currently unused. The remaining part first and second floors to the rear are currently unoccupied and were not accessed or measured by the auctioneers. The property benefits from an area to the rear used for a car park and a total approximate site area of 0.057 hectares (0.142 acres). There is an electricity substation on site.

Six Week Completion

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are
acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
First
Second
First/Second
Retail/Ancillary
Ancillary
Ancillary
Ancillary
509.00 sq m
386.00 sq m
77.30 sq m
Not Accessed
(5,479 sq ft)
(4,155 sq ft)
(832 sq ft)
PSTORES
REALISATIONS
LIMITED (t/a
Peacocks) (1)
20 years from 23/12/1997 £45,500 22/12/2017
Totals  
972.30 sq m
(10,466 sq ft)
    £45,500

(1) Pstores Realisations Limited (formerly Peacocks Stores Limited) is part of the Edinburgh Woollen Mill Group which includes brands such as Edinburgh Woollen Mill, Peacocks, Jane Norman and Ponden Home. Peacocks is a well established, value-for-money retailer, who are currently focused on developing and growing the brand within the fashion market (Source: www.peacocks.co.uk 12/11/2015).

Property Documents

  • Site Plan
    Updated Date
    18.11.15
    File Size
    61 KB
    View PDF
  • Catalogue Page
    Updated Date
    18.11.15
    File Size
    485 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Eversheds LLP 70 Great Bridgewater Street
Manchester
M1 5ES
Jayne Speers 0845 497 8717jaynespeers@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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