investment for sale - Burston Cook

FOR SALE (MAY LET) THE OLD BREWERY 18 LAWFORD STREET, BRISTOL, BS2 0DZ Substantial office property with great potential for residential conversion (STP) *SECURE PARKING FOR UP TO 12 CARS*



GOOD QUALITY OFFICES WITH POTENTIAL TO CREATE CONTEMPORARY OPEN PLAN, STUDIO STYLE SPACE



SUBSTANTIAL OFFICE BUILDING OF APPROXIMATELY 8,148 SQ FT (757 SQ M) GROSS



SECURE ON SITE CAR PARKING FOR UP TO 12 CARS (IN TANDEM)



COURTYARD GARDEN



CLOSE TO CABOT CIRCUS

LOCATION The property is prominently located fronting onto Lawford Street in the increasingly popular central Bristol area of Old Market. Cabot Circus, Bristol’s main city centre retailing area is located within walking distance and there is good access to Temple Meads Railway station and the M32 motorway. Historically, the Old Market area was a thriving central shopping area and was once the main road leading to London. Over the last decade, with the completion of Temple Meads as Bristol’s prime city centre office location and the development of Bristol’s new city centre shopping destination in Cabot Circus, Old Market, which neighbours both of these areas is now a popular residential location with an eclectic mix of specialised shops, a wealth of leisure facilities, new residential developments and office occupiers. DESCRIPTION We understand that the property was built between 1855 and 1875 and was originally the site of The Redcross Brewery. More recently, the building has been in use as office premises and comprises a substantial office property providing a mix of open plan areas and individual partitioned accommodation over ground and first floor, with courtyard mews style elevations. Although the ground floor is currently arranged as individual partitioned accommodation, this could be opened up to create an open plan studio style working space on the ground floor. There is secure on site car parking for up to 12 cars in tandem, mainly within a garaged area extending into a secure courtyard parking area and there is also an attractive courtyard garden. A comprehensive external refurbishment of the building has recently been undertaken ACCOMMODATION In accordance with the RICS Code of Measuring Practice (6th Edition), we understand the approximate gross internal area is 8,148 Sq Ft (757 Sq M). TENURE The freehold of the building is available to purchase with vacant possession – price on application. Alternatively, consideration would be given to a letting of the whole. ENERGY PERFORMANCE CERTIFICATE Rating E - (110). BUSINESS RATES In accordance with the Valuation Office Agency website (www.voa.gov.uk) the property has the following designation: Rateable Value: Rates Payable (2015/2016):

£46,500 £22,924.50

VAT We understand that the building is elected for VAT and therefore VAT will be payable on all prices. LEGAL COSTS Each party to bear their own legal costs incurred in the transaction. VIEWING AND FURTHER INFORMATION For further information or for an appointment to view contact the joint agents: Burston Cook Savills FAO: Finola Ingham MRICS FAO: Chris Meredith Tel: 0117 934 9977 Tel: 0117 9102216 Email: [email protected] SUBJECT TO CONTRACT UPDATED MARCH 2016 CONTROL OF ASBESTOS AT WORK REGULATIONS 2002 Under the Control of Asbestos at Work Regulations 2002 (CAW Regulations), the owner or tenant of the property, and any one else who has control over it and/or responsibility for maintaining or repairing it, may be under statutory obligation to detect and manage any asbestos or asbestos related compounds contained within the property. Failure to comply with the CAW Regulations is an offence and could adversely affect the value of the property. The detection of asbestos and asbestos related compounds is beyond the scope of Burston Cook expertise and accordingly: (1) Burston Cook makes no representation as to the presence or otherwise of any asbestos or asbestos related compounds in the property. (2) Burston Cook strongly recommends that prospective purchasers obtain advice from specialist environmental constants if they have any concerns about asbestos and asbestos related issues.

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