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96A Whiteladies Rd 2,139 SF Retail Building Bristol BS8 2QX $1,312,406 ($613.56/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Attractive mixed-use restaurant and residential investment
- Ground floor let to Buenos Aires Restaurant Limited for a term of 15 years from 16 Nov 2021 with a mutual break option in November 2031
- Total income £65,020 pax, with fixed increase to £70,020 pa in November 2026
- Prominent position on Whiteladies Road central to Bristol’s most affluent residential areas
- First floor residential let to private individual on a yearly AST
- Extensively refurbished, completed in 2022
EXECUTIVE SUMMARY
The freehold of this mixed use investment opportunity is available for the guide price of £985,000 providing a yield of 7.5%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,139 SF
Building Class
B
Year Built
1910
Price
$1,312,406
Price Per SF
$613.56
Cap Rate
7.50%
NOI
$98,430
Tenancy
Single
Building Height
4 Stories
Building FAR
0.78
Lot Size
0.06 AC
Frontage
21’ on Whiteladies Road
AMENITIES
- Bus Line
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NEARBY MAJOR RETAILERS
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96A Whiteladies Rd
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