40 Westbury Lane, Coombe Dingle, BS9 2PP
Hollis MorganHollis Morgan is a leading independent property auctioneer and estate agent based in Bristol. They specialise in residential and commercial sales, land, and development opportunities, holding regular property auctions with a strong track record of success across the South West.
Read more Read moreA freehold mixed-use investment property located in Coombe Dingle, Bristol, comprising a ground floor restaurant and a self-contained one-bedroom flat on the first floor, with a total area of approximately 1,423 sq ft. The property includes a garage and outbuildings at the rear and is sold subject to existing tenancies, generating a combined income of £16,000 per annum. The restaurant tenant has been in place since December 1996, currently holding over at £10,000 per annum, while the flat tenant has been in situ since November 2008, with a rental income of £500 per month (£6,000 per annum). There is potential for development at the rear, as similar properties in the area have received planning permission for residential conversion. The property is situated near local amenities, green spaces, and transport links, with completion set for eight weeks or earlier, subject to mutual consent.
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