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

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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

  • 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." Vendor - Backwell
  • Parker’s dealt with the whole process of selling our property. The valuation was a true reflection of market prices and we achieved a higher selling price than expected. Throughout the process the communication between Parkers and myself was excellent. In essence a very professional transaction very quick results selling and completing in about just over a month. I would recommend anyone to use these professionals." Vendor - Backwell
  • 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!" Buyer - London
  • 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." Vendor - Nailsea
  • I would highly recommend Parkers Estate Agents, their professional knowledge and experience of the local area and market is excellent. The service provided from start to finish has been exemplary, a house move can be difficult at the best of times, but the support and direction from the whole team removed the stress knowing the sale was safe in hands." Buyer - Bristol
  • The service provided by parkers was exceptional. The team were transparent and maintained regular contact with me throughout the process. From viewings to completion, Parkers worked hard to establish a sale." Vendor - Backwell
  • Just sold my house through Parkers estate agents in Backwell to the first viewer. Could not fault them from start to finish. Absolutely brilliant and thank you." Vendor - Backwell
  • I am writing to thank you and your excellent staff for your guidance and professional approach in dealing with the sale of our old home. From our initial instructions we were highly impressed with the preparation and speed of your response. Organising a series of viewings can feel very intimidating, but once again your guidance and preparation, even in the face of the COVID-19 restrictions, was both reassuring and sensitive to our circumstances." Vendor - Backwell
  • Brilliant service, everyone so professional and helpful. I have used Parkers in the past for letting and always had the same standard of service, would definitely recommend them to friends and anyone requiring their services" Landlord- Nailsea
  • I have used Parkers for many years and they have been very good at communicating and offering advice. I would definitely recommend them to anyone looking for a helpful estate agent." Landlord - Backwell

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