Summary - 174B, CHELTENHAM ROAD BS6 5RE
1 bed 1 bath Commercial Development
**Standout Features:**
- Two ground-floor commercial units on Cheltenham Road
- Currently generating £33,500 per annum in rental income
- Freehold property with long leasehold flats contributing ground rent
- Prime location in a high-footfall area filled with independent businesses
- Potential for increased rental from one unit anticipated at £17,500
**Summary:**
Seize this exceptional investment opportunity located on bustling Cheltenham Road, Montpelier, Bristol. This mixed-use property comprises two prominent commercial units generating an attractive annual income of £33,500. With the potential to elevate one unit's rent to market value, strategic enhancements could further maximize return on investment.
The property’s appealing façade and period features sit alongside its prime visibility amidst a vibrant array of shops and cafes, making it a desirable location for tenants. The freehold also includes long leasehold rights to four residential flats, ensuring a steady income stream through ground rents.
While the property is currently meeting its investment potential, be aware that one commercial unit's tenancy is under “holding over” status, which could necessitate further engagement for renewal. Overall, this property is ideal for investors looking to capitalize on a thriving neighborhood, with successful commercial integration and considerable future upside. Don’t miss out—opportunities in this prime location are rare!
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