01275 463096
1/3 Station Road, Backwell, BS48 3NW
01275 463096
1/3 Station Road, Backwell, BS48 3NW

Lower Ashley Road, St. Agnes, Bristol Offers in the Region Of £1,800,000

Sold STC
  • Existing Building
    Lower Ashley Road St. Agnes
  • Proposed front & rear elevations
    Lower Ashley Road St. Agnes
  • Site plan
    Lower Ashley Road St. Agnes
  • Proposed 1st floor
    Lower Ashley Road St. Agnes
  • Proposed Ground Floor
    Lower Ashley Road St. Agnes
  • Location plan
    Lower Ashley Road St. Agnes
  • City map
    Lower Ashley Road St. Agnes
  • Proposed second floor
    Lower Ashley Road St. Agnes
  • Proposed 3rd floor
    Lower Ashley Road St. Agnes

Please enter your starting address in the form input below.
Please refresh the page if trying an alternate address.


This is a substantial development opportunity with outline planning for a 4 storey building providing 60 student beds spaces and circa 2,000 square feet of commercial space situated approximately 1.5 miles from the new Bristol University Temple Quarter Campus next to Temple Meads train station and 0.7 miles to the nearest UWE bus stop. The accommodation comprises 12 x studio flats and 8 x 6 bed flats. Alternatively there may be scope for changing the planning to 6 town houses or other alternative uses subject to planning.


Situation

The property is situated in a prominent position on Lower Ashley Road between Gordon Road & Conduit Road. It benefits from close proximity to Junction 3 of the M32 putting the city centre within easy reach. Eastville shopping centre is close to hand together with the popular St Marks Road and Stokes Croft. There are good public transport links near by with local train stations in Montpelier and Stapleton Road.

Univeristies

Bristol University announced in November 2016 that they will be building a new "Temple Quarter Campus" next to Bristol Temple Meads train station, approximately 1.5 miles from the site and is planned to be opened for the 2021/22 academic year. The main Bristol campus is approx. 1.4 miles away making this an ideal location to cover bother campuses. The main UWE Frenchay campus has a regular bus service from nearby Bond Street (0.7 miles approx.)

Description

This is an opportunity to redevelopment a site of a approximately 0.25 acres. On site at the moment is a single storey office building dating from the 1980's and car parking. Planning permission has been passed for the demolition of the existing building and the erection of a 4 storey building providing student accommodation and office space.

Planning

Application 15/05530/P provides Outline Planning Permission for the proposed removal of the existing single storey office building and provision of a four storey mixed used development, comprising office areas to the ground floor and student accommodation above. The full planning file can be viewed at http://planningonline.bristol.gov.uk/online-applications/applicationDetails.do?activeTab=summary&keyVal=NWXLIHDNGO200

Planning History

The site has been subject to a previous successful application for residential development on a similar scale. Approved as an outline application in 2007. The previous application contained 24No. flats, office accommodation to the ground floor and an underground parking facility. Refer to application ref: 06/04740/P

Proposed accommodation

The proposed accommodation details 8 x 6 bedroom flats and 12 studio flats with ground floor office space

Ground Floor Proposed Accommodation

The ground floor consists of: Office unit 1: 88 sqm Office Unit 2: 95 sqm 2 x 6 ensuite bedroom flats Office Laundry room Bin Store

First Floor Proposed Accomdation

3 x 6 ensuite bedroom flats

Second Floor Proposed Accommodation

3 x 6 ensuite bedroom flats

Third Floor Proposed Accommodation

12 x self contained studio flats

Potential Commercial Rents

The commercial units are likely to rent for between £12 - £15 per sqft, giving a total annual rent of circa £25,000 - £30,000. They may be scope for going back into planning for a change of use to residential. For further advice on commercial rents we recommend you contact Nigel K Hicks & Co on 0117 961 0099

Potential Residential Rents

The 6 bedroom flats are likely to rent for between £450 - £500 PCM plus bills, giving a total annual rent of £259,200 - £288,000. The studio flats are likely to rent for circa £600 PCM plus bills, giving a total annual rent of £86,400. For advice on student letting we recommend you contact Purple Frog on 0117 370 3330.

Total Predicted Annual Rent

The total predicted annual rent is in the region of £370,600 - £404,400

Tenure

Freehold

Possession

The property is currently being let on an ad-hoc basis, however, will be sold with vacant possession.


60
0
0
  • Single storey office building & car park
  • Planning for demolition and creation of:
  • 4 storey building with 60 student beds + cirac 2000 sqft of office space
  • 8 x 6 bed flats
  • 12 x studio flats
  • 2 x office units
  • Close to M32 & City centre
Lower Ashley Road St. Agnes
Bristol BS2 9PZ
County: City of Bristol
Sale Type: Sold STC
Ref #: MB000179

Reviews

  • "Definitely the best local agent" Parkers are very knowledgeable about the local area and were definitely the best local agent we saw when viewing various different properties. When we ended up buying our house through them, they were very easy to deal with and Lisa did a brilliant job at keeping us up to date with everything, meaning one less stress to worry about. Thanks to all!"Mrs B, London, Oct 2019
  • "Very happy with the service" I have been very happy with the service I have had from Parker’s. They have found me a very suitable tenant and are always on hand to deal with any problems. Thank you Juliet and Kate."Mrs T (Landlord), March 2020
  • "I'd happily recommend Parkers" Thanks, really pleased to say I'd happily recommend Parkers. Professional, attentive and knowledgeable. Thanks!"Ms P, March 2020
  • "Very helpful, easy to work with and made the move a lot easier" We used Parkers for the sale of our old house and the purchase of our new one and have to say that they were very helpful, easy to work with and made the move a lot easier than I thought. They knew the exact kind of property we were looking for and we weren’t disappointed with what they found us. 5 stars from us."Mr and Mrs F, Cleeve, Feb 2020
  • "Grateful to all the staff" We really appreciate your support through the moving process. The chain started off very smoothly but then became quite challenging. Parkers were pivotal in stabilising the chain and looked out for all parties to ease the moving process. We are particularly grateful to all the staff"SR, Dec 2019
  • "Once again excellent" Having used Parker’s several times over the years, we were pleased to find that the service provided for our recent house sale was once again excellent. Regular contact, updates and chasing issues when necessary helped ease the stress. We would not hesitate to recommend Parker’s and use their services in future."Mr J W, Nailsea, Nov 2019
  • "Very helpful" The whole team at Parkers were very helpful at every stage of the journey that has finally seen Mum moving."Mr W, Nailsea, Sept 2019
  • "We were very happy with your service" We were very happy with your service throughout, sorry for it being such a complex sale (although aren't they always!).You will be getting nothing but praise from us when people ask for estate agents in the area....I've already said to some people whom I've met who want to move to the area to "pop in" and speak to you."Mr B, Backwell, Sept 19
  • "You’ve all been great" Just to say thank you so much for all that you’ve done over the years regarding my property, with rental and now the sale. You’ve all been great and I am very grateful. I wish you all the very best"Mr S, Bristol, Aug 2019
  • "A gem of customer service" Once in a while, in this age of faceless call centres, you come across a gem of customer service. Parker's (at Backwell) were one such organisation. I'd wholeheartedly recommend them to sellers and buyers alike – the team represent the opposite of the poor rap estate agents get."Mr & Mrs G, Backwell

See our Google reviews

01275 463096
1/3 Station Road, Backwell, BS48 3NW
NAEA ARLA The Property Ombudsman Experts in Property Zoopla Primelocation Rightmove