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3 Lower Redland Rd 972 SF Retail Building Bristol BS6 6TB $669,210 ($688.49/SF) 7.83% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Located in an affluent area popular among students and professionals.
  • 2 x 1 bed flats let on AST Agreements.
  • Seeking offers in excess of £500,000 which shows a net initial yield of 7.83%.
  • Ground floor retail unit let to the Bristol Artisan who have been in occupation since 2019.
  • Total income £41,008 per annum.
  • New key point...

EXECUTIVE SUMMARY

The premises are situated on Lower Redland Road, just off Whiteladies Road. Whiteladies Road is one of the main arterial routes into Bristol, linking the City Centre with the affluent suburbs of Clifton, Cotham and Redland.
Investment opportunity - mixed use building, ground floor lock-up shop and 2 x 1 bed flats above.
Ground floor and basement retail area totalling 774 sq ft (71.91 sq m) as well as two one-bedroomed flats to the upper floors, accessed from the front of the property.
Located in an affluent area popular among students and professionals Ground floor retail unit let to the Bristol Artisan who have been in occupation since 2019 2 x 1 bed flats let on AST Agreements Total income £41,008 per annum Seeking offers in excess of £500,000 which shows a net initial yield of 7.83% New key point...

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
972 SF
Building Class
C
Year Built
1900
Price
$669,210
Price Per SF
$688.49
Cap Rate
7.83%
NOI
$52,399
Tenancy
Single
Building Height
4 Stories
Frontage
15’ on Lower Redland Rd

NEARBY MAJOR RETAILERS

Sainsbury's
ASDA
Londis
Costcutter Ltd
YMCA
Snap Fitness 24/7
Starbucks
Coffee #1
Costa Coffee
Caffè Nero
  • Listing ID: 36140370

  • Date on Market: 6/6/2025

  • Last Updated:

  • Address: 3 Lower Redland Rd, Bristol BS6 6TB

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