140, 142 & 144 Ashley Down Road Bishopston Bristol BS7 9JS

140, 142 & 144 Ashley Down Road
Bishopston
Bristol
BS7 9JS

Freehold Motor Trade Investment

Let to Brookfield Garage Limited until December 2027 (no breaks)
Tenant in occupation since 2007
Annual rent reviews to the higher of 2% p.a or uncapped RPI
Site area approximately 0.05 ha (0.12 acres)
Prominent corner location in popular residential suburb, 2 miles north of Bristol City Centre
Future residential development potential (subject to lease and consents)

Lot
3
Auction
2nd November 2023
Rent
£62,944 per Annum Exclusive
rising annually (3)
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Freehold Motor Trade Investment

Let to Brookfield Garage Limited until December 2027 (no breaks)
Tenant in occupation since 2007
Annual rent reviews to the higher of 2% p.a or uncapped RPI
Site area approximately 0.05 ha (0.12 acres)
Prominent corner location in popular residential suburb, 2 miles north of Bristol City Centre
Future residential development potential (subject to lease and consents)

Lot 3
Auction 2nd November 2023
Rent £62,944 per Annum Exclusive rising annually (3)
Status Withdrawn Post
Price
Sector
Motor Trade, Petrol Station
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 11 miles north-west of Bath
Roads: A37, A38, A46, A370, A432, M4, M5, M32
Rail: Montpelier Train Station
Air: Bristol Airport

Situation

The property is situated in Bishopston, in a popular residential area on the east side of Ashley Down Road, at its junction with Ralph Road, two miles north of Bristol City Centre.

Tenure

Freehold.

Location

Miles: 11 miles north-west of Bath
Roads: A37, A38, A46, A370, A432, M4, M5, M32
Rail: Montpelier Train Station
Air: Bristol Airport

Situation

The property is situated in Bishopston, in a popular residential area on the east side of Ashley Down Road, at its junction with Ralph Road, two miles north of Bristol City Centre.

Tenure

Freehold.

Description

The property comprises a vehicle repair workshop arranged on the ground floor only. The property comprises approximately 3,528 sq ft on a site area of 0.05 ha (0.12 Acres).

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band E

Description

The property comprises a vehicle repair workshop arranged on the ground floor only. The property comprises approximately 3,528 sq ft on a site area of 0.05 ha (0.12 Acres).

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band E

Tenancy & Accommodation

Floor	Use	Gross Internal Floor Areas Approx sq m	Gross Internal Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review
Ground	Motor Trade/Ancillary	327.75	(3,528)	BROOKFIELD GARAGE LIMITED (1)	10 years from 21/12/2017 (2) on a full repairing and insuring lease	£62,944.06	29/09/2024 and annually thereafter (3)
Total		327.75	(3,528)			£62,944.06

(1) Brookfield Garage Limited offer car servicing, MOT's and repairs and are an RAC approved garage. They were incorporated in 1999 and have grown to become the largest independent garage in North Bristol (www.brookfieldgarages.co.uk).
(2) The lease is contracted outside of the Security of Tenure Provisions of the Landlord & Tenant Act 1954 (Part II). The tenant has been trading at this site since 2007.
(3) Annual rent reviews to the higher of 2% p.a. or uncapped RPI (please see lease).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.