Property Details: • Type: N/A
• Bedrooms: 1 • Bathrooms: 0
Description: Hollis Morgan – June live online auction – A Freehold mixed use investment ( 1423 Sq Ft ) comprising restaurant and 1 bed flat plus potential building plot at rear ( stp )<br><br><strong>For Sale By Live Online Auction</strong><br><br>Address | 40 & 40a Westbury Lane, Combe Dingle, Bristol BS9 2PP<br><br>Lot Number tbc<br><br>The Live Online Auction is on Wednesday 17th June 2026 @ 12:00 Noon<br>Registration Deadline is on Friday 12th June 2026 @ 16:00<br><br>The Auction will be streamed live online via the Hollis Morgan website & you can choose to bid by telephone, proxy or via your computer.<br>Registration is a simple online process – please visit the Hollis Morgan auction website and click “register to bid”<br><br><strong>The Property</strong><br><br>A Freehold mid terraced mixed use property ( 1423 Sq Ft ) arranged over two floors comprising a ground floor restaurant with garage and outbuildings to the rear plus a self contained one bedroom flat with rear access on the first floor.<br>Sold subject to existing tenancies.<br><br>Tenure - Freehold<br>Council Tax - A<br>EPC - Flat D | Commercial B<br><br><strong>The Opportunity</strong><br><br>Mixed use investment<br><br>The property is to be sold subject to the existing tenancies producing a combined £16,000 pa<br>We understand there is scope to increase the income in line with current market rents - please refer to the independent rental appraisal.<br><br>Restaurant Tenant<br>Tenancy commenced 25th December 1996 for 20 years | Assigned on 2nd February 2005 and expired on 24th December 2016.<br>Holding over @ £10,000 pa<br>Please note there are arrears of circa £10,000 - please refer to online legal pack.<br><br>Flat Tenant<br>Tenant in situ since 5th November 2008<br>Let on periodic AST contract @ £500 pcm | £6,000 pa<br><strong>Potential building plot to rear<br></strong><br><br>Interested parties will note that other properties on the terrace have gained planning permission for the conversion of the garage and outbuildings into a residential dwelling.<br>Please note no planning of this nature has been previously sought and is subject to gaining the necessary consents.<br><br><strong>Planning History | 30 Westbury Lane</strong><br><br>Reference16/01704/F<br>Alternative ReferencePP-05005454<br>Application ReceivedThu 31 Mar 2016<br>Application ValidatedWed 06 Apr 2016<br>Address30 Westbury Lane Bristol BS9 2PP<br>ProposalDemolition of existing garage to the rear of 30 Westbury Lane.