Property photos
Freehold
£395,000
Property for sale
High Street, Thornbury, Bristol BS35Local area information
Property location
Nearby amenities
- Gillingstool Primary School 0.2 miles
- St Mary's Church of England Primary School, Thornbury 0.4 miles
- Pilning 5.6 miles
- Patchway 5.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Mixed-Use Commercial Investment Property
- Thornbury High Street
- 2 Shops (One let to tui)
- Spacious & Well Presented Flat
- Total Rent of £33,100pa
A mixed use investment property located on the High Street in Thornbury. The ground floor is arranged as two shops, one let to Tui and the other to a local covenant, with an extensively refurbished and extended first floor flat.
The property is fully let producing a gross annual rent of £33,100pa and offers potential to increase at the next rent review.
Description
A mixed use investment property located on the High Street in Thornbury. The ground floor is arranged as two shops, one let to Tui and the other to a local covenant, with a recently refurbished and extended first floor flat presented to a very high specification. The property is fully let producing a gross annual rent of £33,100pa and offers potential to increase at the next commercial rent review.
Location
The property is situated in a highly prominent and bustling position on Thornbury High Street, within a mixed parade of commercial units. Notable neighbouring occupiers include HSBC, Costa Coffee and the Tesoro Lounge.
Accommodation
Please refer to the floorplan for approximate room measurements and internal layout.
Tenure
We understand the property is to be offered for sale on a freehold basis, subject to the occupational leases outlined below.
Lease Details
Shop 1
The smaller shop is let to HS23 Limited on an effectively fully repairing and insuring basis, at a rent of £6,500pa and for a term of 10 year from 4th May 2022, subject to a rent review on the 4th May 2027.
Shop 2 - Tui
The shop is let to tui UK Retail Limited on a 5 year term from 26th October 2023 at a passing rent of £11,000pa on an effectively fully repairing and insuring basis, with no break options nor reviews.
Flat
The flat is let at at £1,300pcm on an Assured Shorthold Tenancy basis from the 29th February 2024.
Floor Plan
The floor plan is provided for indicative purposes only and should not be relied upon.
Energy Performance Certificate
EPC ratings:
Shop A: C (expires November 2032)
Shop B: B (expires November 2032)
Flat: C (expires December 2023)
Viewings
By appointment.
Vat
All figures quoted are exclusive of VAT unless otherwise stated.
Control Of Asbestos Regulations
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
The property is fully let producing a gross annual rent of £33,100pa and offers potential to increase at the next rent review.
Description
A mixed use investment property located on the High Street in Thornbury. The ground floor is arranged as two shops, one let to Tui and the other to a local covenant, with a recently refurbished and extended first floor flat presented to a very high specification. The property is fully let producing a gross annual rent of £33,100pa and offers potential to increase at the next commercial rent review.
Location
The property is situated in a highly prominent and bustling position on Thornbury High Street, within a mixed parade of commercial units. Notable neighbouring occupiers include HSBC, Costa Coffee and the Tesoro Lounge.
Accommodation
Please refer to the floorplan for approximate room measurements and internal layout.
Tenure
We understand the property is to be offered for sale on a freehold basis, subject to the occupational leases outlined below.
Lease Details
Shop 1
The smaller shop is let to HS23 Limited on an effectively fully repairing and insuring basis, at a rent of £6,500pa and for a term of 10 year from 4th May 2022, subject to a rent review on the 4th May 2027.
Shop 2 - Tui
The shop is let to tui UK Retail Limited on a 5 year term from 26th October 2023 at a passing rent of £11,000pa on an effectively fully repairing and insuring basis, with no break options nor reviews.
Flat
The flat is let at at £1,300pcm on an Assured Shorthold Tenancy basis from the 29th February 2024.
Floor Plan
The floor plan is provided for indicative purposes only and should not be relied upon.
Energy Performance Certificate
EPC ratings:
Shop A: C (expires November 2032)
Shop B: B (expires November 2032)
Flat: C (expires December 2023)
Viewings
By appointment.
Vat
All figures quoted are exclusive of VAT unless otherwise stated.
Control Of Asbestos Regulations
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
Floor plans and tours
Floor plans (1)
More information
Listed by
Maggs & Allen
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