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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...
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
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3 Lower Redland Rd
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