An opportunity to acquire a completely unique scheme with a mixed use of units. The buildings provide a total lettable area of 20,860 sq ft NIA, with the potential to further develop the site with plans drawn up for an additional building. The scheme would suit a hands on purchaser due to ability to asset manage further income. The freehold is available for a quoting price of £3,000,000, with a total annual income of £330,530 across all units, to provide a blended yield of 10.35%.
- Ref: 2044304
- Tenure: Freehold
- Types: Office, Serviced Office/Co-working
- Size: 20,860 sq ft (1,938 sq m)
- Freehold: £3,000,000 (€3,513,703) for the freehold
Key Features
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Completely unique mixed use scheme
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Units finished to a high quality
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Well located in Almondsbury
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Potential to develop further
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Hand on asset management opportunity
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Total annual income of £330,520
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Blended yield of 10.35%
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Quoting price of £3,000,000
Location
Podville, Great Park Road, Bristol, BS32 4RU
The properties are well located within Almondsbury, a key commercial district in the North Bristol market. They benefit from great travel links and a handy location in a large business park. The properties are 10 minutes drive from Bristol Parkway train station (trains run direct to London Paddington), 15 minutes to Bristol city centre and just moments from M4 / M5 interchange
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