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Alliance House 2-12 Baldwin St Apartment Building $3,997,175 7.60% Cap Rate Bristol BS1 1SA



INVESTMENT HIGHLIGHTS
- Five attractive retail/restaurant units totalling 10,250 sq ft forming part of a new residential development of 44 apartments completed in 2021
- An unrivalled Food and Beverage location in the centre of Bristol
- Densely populated with students and offices providing both daytime and evening trade
EXECUTIVE SUMMARY
The vendor is seeking offers of £3,000,000, (Three Million Pounds) exclusive of VAT and subject to contract. A purchase at this level reflects a net initial yield of 7.6% assuming purchaser’s costs of 6.45%.
PROPERTY FACTS
| Price | $3,997,175 | Property Subtype | Apartment |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 7.60% | Building Size | 32,411 SF |
| Tenure | Freehold | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1874 |
| Price | $3,997,175 |
| Sale Type | Investment |
| Cap Rate | 7.60% |
| Tenure | Freehold |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 32,411 SF |
| No. Stories | 4 |
| Year Built | 1874 |
AMENITIES
SITE AMENITIES
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Alliance House | 2-12 Baldwin St
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