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13-23 King Square Ave - Kings Quarter Apartments 1,714 sq ft Office Unit Offered at £350,000 in Bristol BS2 8HU
INVESTMENT HIGHLIGHTS
- Office investment on the ground floor
- The offices have painted plaster walls, raised floor, suspended LED lighting and air conditioning installed
- Located on the junction of King Square Avenue and Stokes Croft (A38)
EXECUTIVE SUMMARY
An office unit in a predominantly residential building of masonry construction constructed circa 2010. The property is located on the junction of King Square Avenue and Stokes Croft (A38), a central area of Bristol within short walking distance of Broadmead and Cabot Circus. This is a fashionable area of Bristol city centre with a range of modern restaurants and bars within close proximity. The A38 is a main arterial route into Bristol provides easy access to the M32/M5/ M4 motorway network.
PROPERTY FACTS
| Total Property Size | 2,074 sq ft | Floors | 5 |
| Property Type | Retail (Unit) | Typical Floor Size | 2,074 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 2001 |
| Costar Property Class | B | Total Plot Size | 0.51 ac |
| Total Property Size | 2,074 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 5 |
| Typical Floor Size | 2,074 sq ft |
| Year Built | 2001 |
| Total Plot Size | 0.51 ac |
AMENITIES
- Bus Route
- EPC - D
- Balcony
1 UNIT AVAILABLE
Unit 13
| Unit Size | 1,714 sq ft | Sale Type | Investment |
| Price | £350,000 | Tenure | Long Leasehold |
| Price Per sq ft | £204.20 | Net Initial Yield | 8.23% |
| Unit Use | Office | NOI | £28,800 |
| Unit Size | 1,714 sq ft |
| Price | £350,000 |
| Price Per sq ft | £204.20 |
| Unit Use | Office |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Net Initial Yield | 8.23% |
| NOI | £28,800 |
DESCRIPTION
The property itself comprises a ground floor modern office suite constructed circa 2010. The offices form part of a predominantly residential building. Internally the offices have painted plaster walls, raised floor, suspended LED lighting and air conditioning installed. There is no parking on site.
SALE NOTES
For sale - office investment (business unaffected) virtual freehold ground floor office 159.21 sq m (1714 sq ft).
Guide price £350,000.00 subject to contract, (net initial yield of 7.2%), plus VAT.
NEARBY MAJOR RETAILERS
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13-23 King Square Ave - Kings Quarter Apartments
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