Land For Sale £600,000
Hollis Morgan – land | new homes - A Freehold development opportunity with planning granted to create a scheme of 5 flats with a gdv in the region of £1.5m
The Property
Address | The Criterion, 155 Ashley Rd, Montpelier, Bristol BS6 5NX
A Freehold former public house with ancillary accommodation above occupying a prominent position with excellent access to the local amenities of both Gloucester / Cheltenham Road and the City Centre.
Sold with vacant possession.
Vat
We are informed VAT is payable on the purchase.
Location
St Pauls is an inner suburb of Bristol, north of the city centre which is bordered by the M32 to the east and Stokes Croft (A38) to the west. It was developed in the early eighteenth century as one of Bristol's first suburbs and has become popular due to the location with excellent amenities on its doorstep, from the arty quarter of Stokes Croft to the popular shopping centre of Cabot Circus.
The Opportunity
Planning granted
Planning has been granted to demolish part and erect a scheme of 5 flats and a commercial unit.
Gdv - £1.5m
The Hollis Morgan New Homes team have appraised the site and suggest a gdv in the region of £1.5m
Two bedroom flats are £250,000 - £275,000
Three Bed Maisonette is £300,000 - £325,000
The commercial element will depend on the usage but is in the region of £100,000 - £150,000
Commercial unit
Scope for change of use to 6th residential unit.
Subject to consents.
Planning Granted
Reference21/03426/F
Alternative ReferencePP-09867816
Application ReceivedTue 22 Jun 2021
Application ValidatedMon 27 Sep 2021
Address155 Ashley Road Bristol BS6 5NX
ProposalDemolition of the rear part of 'The Criterion' ph A4 Class structure and the landlords accommodation above. Construction of a 3-storey block of 5 flats behind. Retention of the elevations fronting the street and front area part of the A4 Class Public House premises.
StatusDecided
DecisionGRANTED subject to condition(s)
Decision Issued DateThu 03 Feb 2022
Appeal StatusUnknown
Appeal Decision
Proposed Schedule Of Accommodation
Ground floor
bar | commercial
flat 1 | 705 Sq Ft | rear
Entrance Hall | Open Plan Kitchen / Diner / Living space with doors to communal rear garden | Bed 1 | En Suite | Bed 2 | Bathroom
First floor
Flat 2 | 700 Sq Ft | rear
Entrance Hall | Open Plan Kitchen / Diner / Living space with balcony | Bed 1 | En Suite | Bed 2 | Bathroom
flat 3 | 804 Sq Ft | front
Entrance Hall | Open Plan Kitchen / Diner / Living space | Bed 1 | En Suite | Bed 2 | Bathroom
Second floor
Flat 4 | 700 Sq Ft | rear
Entrance Hall | Open Plan Kitchen / Diner / Living space with balcony | Bed 1 | En Suite | Bed 2 | Bathroom
flat 5 | 1194 Sq Ft | front maisonette
Entrance Hall | Open Plan Kitchen / Diner / Living space | Bed 1 | En Suite | Bed 2 | Bathroom
Bed 3 | En Suite | Private Roof terrace
Outside
Communal rear garden | Bin & Bike Store
Planning Information
Full details of the proposed scheme and drawings can be downloaded with the online legal pack.
Rental Appraisal
What rent can we achieve for you?
The Bristol Residential Letting Co. Are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of;
The Criterion, 155, Ashley Road, St Pauls, BS6 5NX
1 beds- £950pcm - £1050pcm
3 bed - £1300pcm - £1500pcm
If you would like to discuss more detail on the potential for rental, you can call me on or email () for a no obligation discussion. I am always happy to advise investors on maximising their investment.
Solicitors
Barcan+Kirby llp
Tudor Bostan
Work
Property Details Disclaimer
Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.
The Property
Address | The Criterion, 155 Ashley Rd, Montpelier, Bristol BS6 5NX
A Freehold former public house with ancillary accommodation above occupying a prominent position with excellent access to the local amenities of both Gloucester / Cheltenham Road and the City Centre.
Sold with vacant possession.
Vat
We are informed VAT is payable on the purchase.
Location
St Pauls is an inner suburb of Bristol, north of the city centre which is bordered by the M32 to the east and Stokes Croft (A38) to the west. It was developed in the early eighteenth century as one of Bristol's first suburbs and has become popular due to the location with excellent amenities on its doorstep, from the arty quarter of Stokes Croft to the popular shopping centre of Cabot Circus.
The Opportunity
Planning granted
Planning has been granted to demolish part and erect a scheme of 5 flats and a commercial unit.
Gdv - £1.5m
The Hollis Morgan New Homes team have appraised the site and suggest a gdv in the region of £1.5m
Two bedroom flats are £250,000 - £275,000
Three Bed Maisonette is £300,000 - £325,000
The commercial element will depend on the usage but is in the region of £100,000 - £150,000
Commercial unit
Scope for change of use to 6th residential unit.
Subject to consents.
Planning Granted
Reference21/03426/F
Alternative ReferencePP-09867816
Application ReceivedTue 22 Jun 2021
Application ValidatedMon 27 Sep 2021
Address155 Ashley Road Bristol BS6 5NX
ProposalDemolition of the rear part of 'The Criterion' ph A4 Class structure and the landlords accommodation above. Construction of a 3-storey block of 5 flats behind. Retention of the elevations fronting the street and front area part of the A4 Class Public House premises.
StatusDecided
DecisionGRANTED subject to condition(s)
Decision Issued DateThu 03 Feb 2022
Appeal StatusUnknown
Appeal Decision
Proposed Schedule Of Accommodation
Ground floor
bar | commercial
flat 1 | 705 Sq Ft | rear
Entrance Hall | Open Plan Kitchen / Diner / Living space with doors to communal rear garden | Bed 1 | En Suite | Bed 2 | Bathroom
First floor
Flat 2 | 700 Sq Ft | rear
Entrance Hall | Open Plan Kitchen / Diner / Living space with balcony | Bed 1 | En Suite | Bed 2 | Bathroom
flat 3 | 804 Sq Ft | front
Entrance Hall | Open Plan Kitchen / Diner / Living space | Bed 1 | En Suite | Bed 2 | Bathroom
Second floor
Flat 4 | 700 Sq Ft | rear
Entrance Hall | Open Plan Kitchen / Diner / Living space with balcony | Bed 1 | En Suite | Bed 2 | Bathroom
flat 5 | 1194 Sq Ft | front maisonette
Entrance Hall | Open Plan Kitchen / Diner / Living space | Bed 1 | En Suite | Bed 2 | Bathroom
Bed 3 | En Suite | Private Roof terrace
Outside
Communal rear garden | Bin & Bike Store
Planning Information
Full details of the proposed scheme and drawings can be downloaded with the online legal pack.
Rental Appraisal
What rent can we achieve for you?
The Bristol Residential Letting Co. Are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of;
The Criterion, 155, Ashley Road, St Pauls, BS6 5NX
1 beds- £950pcm - £1050pcm
3 bed - £1300pcm - £1500pcm
If you would like to discuss more detail on the potential for rental, you can call me on or email () for a no obligation discussion. I am always happy to advise investors on maximising their investment.
Solicitors
Barcan+Kirby llp
Tudor Bostan
Work
Property Details Disclaimer
Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.
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