Bristol - 3 Arnside Road, Southmead BS10 6AT Freehold Shop & Residential Ground Rent Investment - 3 Arnside Road, Southmead BS10 6AT Freehold Shop & Residential Ground Rent Investment

Investment Consideration:

. Purchase Price: £130,000 . Gross Initial Yield: 8.08% . Rental Income: £10,500 p.a. . VAT is NOT applicable to this property . Comprising a café/takeaway on the ground floor and maisonette on the first and second floor (sold off) . Occupiers nearby include Post Office, Tesco, Aldi Supermarket, Greggs, Iceland, Day Lewis Pharmacy, Car Park, Southmead Library, amongst other local traders.

Tenancies and Accommodation:

Property Accommodation Lessee & Trade Term Current Rent £ p.a. Notes No. 3 Café/Takeaway: 68 sq m (732 sq ft) Y Sharma 10 Years from £10,250 Note 1: FRI (Ground Floor) 30 July 2020 Note 2: Break clause 30.07.2025 Note 3: Rent review and break clause in 2025 Note 4: Deposit held of £5,000 No. 3 Maisonette: 65 sq m (700 sq ft) Individual 125 Years £250 (First/Second Floor) Total £10,500 Bristol - 3 Arnside Road, Southmead BS10 6AT Freehold Shop & Residential Ground Rent Investment

Property Description: The property is arranged as a ground floor café/takeaway with Maisonette on first and second floor, being sold off on long lease.

The property provides the following accommodation and dimensions: Ground Floor: 68 sq m (732 sq ft) First/Second Floor: 65 sq m (700 sq ft)

Tenancy: The café is at present let to Y Sharma for a term of 10 years from 30th July 2020 at a current rent of £10,250 per annum and the lease contains full repairing and insuring covenants. The lease provides for rent review and tenant option to determine in the fifth year. Rent deposit held of £5,000. The first/second floor maisonette is sold off on long lease for a term of 125 years at a current rent of £250 per annum. Location: Bristol is a city in with a population of 463,400. The connects the city on an east–west axis from to West Wales, and the M5 is a north–south west axis from Birmingham to Exeter. The M49 motorway is a shortcut between the M5 in the south and the M4 Severn Crossing in the west, and the M32 is a spur from the M4 to the city centre. Occupiers nearby include Post Office, Tesco, ALDI Supermarket, Greggs, Iceland, Day Lewis Pharmacy, Car Park, Southmead Library, amongst other local traders. Bristol - 3 Arnside Road, Southmead BS10 6AT Freehold Shop & Residential Ground Rent Investment

Contacts:

To view copies of the leases, information on the title, other information, please contact Joseph Bachman or Prash Jaitley.

Joseph Bachman – COO Prash Jaitley – Managing Partner M: +44(0)77236 19270 M: +44(0)79618 53166 E: [email protected] E: [email protected]

Address:

Blue Alpine Partners Limited Trading Address: 83c Ashley Gardens, Thirleby Road, London, SW1P 1HG Registered Address: Suite 115, Devonshire House, Manor Way, Borehamwood, Hertfordshire, WD6 1QQ

Disclaimer: Blue Alpine Partners prepares sales and letting particulars diligently and all reasonable steps are taken to ensure that they are correct. Neither a seller nor a landlord nor Blue Alpine Partners will, however, be under any liability to any purchaser or tenant or prospective purchaser or tenant in respect of them. If a property is unoccupied, Blue Alpine Partners may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold. Prospective purchasers should make their own investigations before finalising any agreement to purchase or lease.