Shakespeare 1 Henry St 1,184 SF Retail Building Bristol BS3 4UD $1,100,954 ($929.86/SF) 9.34% Cap Rate

The Shakespeare presents a compelling opportunity to acquire a proven freehold public house investment in the thriving Bristol suburb of Totterdown. Occupying a prominent corner position at Henry Street and William Street, the property benefits from strong visibility within a vibrant residential neighbourhood renowned for its independent businesses, community atmosphere, and excellent proximity to Bristol City Centre, less than a mile to the north. The location provides enduring trade potential supported by continual footfall from nearby housing, local amenities, and destination venues such as The Thunderbolt, The Oxford, and the cluster of eateries along the Totterdown high streets.
Fully let to Guerrilla Pub Company Limited on a five-year lease from September 2024, the asset delivers a secure and diversified income stream comprising a base rent of £30,334 per annum and an annual tie-release fee of £51,020. Both components are indexed to RPI with a collar of 2 percent and a cap of 6 percent, offering inflation-aligned rental growth and long-term income resilience. The lease is contracted outside the security of tenure provisions, providing added flexibility for future asset management strategies.
The building comprises basement, ground, and first floors, including an open plan trading area with central bar servery, trade kitchen, WCs, basement cellar, and a well-appointed first-floor manager’s residence. External seating zones to the front and rear enhance operational capacity and year-round trading opportunities. With the property held freehold and offered as a going concern via TOGC (subject to the purchaser’s VAT status), investors gain an immediately income-producing asset supported by stable tenancy, strong underlying property fundamentals, and a sought-after Bristol location.