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
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Fixed Joint Charge Receivers

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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

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

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

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).