Victoria Ter
Bristol BS2 0TD
BTR Ltd · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Front and rear secure fenced and gated yard
- Located within one of the cities most established industrial area
- Access off both Victoria Terrace and Philip Street
EXECUTIVE SUMMARY
The property is offered for sale with offers in excess of £ 1,250,000 exclusive of VAT being invited reflecting a capital value of £84.00 per sq ft excl. Sale//Restriction on Title
The building will be sold with a restriction on title only permitting uses within Class E (formerly B1c) B2 and B8.
The sale will also be subject to an overage for a period of 20 years from the date of completion. If an alternative planning consent is obtained within the first ten years a 50% uplift in value will be payable to the vendor reducing to 25% from the end of year 10 to the end of year 20.
The building will be sold with a restriction on title only permitting uses within Class E (formerly B1c) B2 and B8.
The sale will also be subject to an overage for a period of 20 years from the date of completion. If an alternative planning consent is obtained within the first ten years a 50% uplift in value will be payable to the vendor reducing to 25% from the end of year 10 to the end of year 20.
PROPERTY FACTS
| Sale Type | Owner User |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.48 AC |
| Rentable Building Area | 15,645 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 0.34/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | Short Street |
