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Investment Highlights
- Large Freehold Property and plot in Prime Hotwell Location
- To be sold with vacant possession
- Opportunity to refurbish or redevelop office building
Executive Summary
The freehold interest is offered for sale with vacant possession. Unconditional offers for the freehold interest are sought and a guide price can be provided upon application.
Development/Investment Opportunity:
• Redevelopment of office building to provide residential accommodation.
• Refurbishment of office building to provide office accommodation
• Redevelopment of 182 Hotwell road site
• Potential for redevelopment of car park area to the rear
• Prime city centre site.
• Investment value underpinned by the vacant possession value.
• Excellent letting and sales demand from both commercial and residential occupiers.
Development/Investment Opportunity:
• Redevelopment of office building to provide residential accommodation.
• Refurbishment of office building to provide office accommodation
• Redevelopment of 182 Hotwell road site
• Potential for redevelopment of car park area to the rear
• Prime city centre site.
• Investment value underpinned by the vacant possession value.
• Excellent letting and sales demand from both commercial and residential occupiers.
Property Facts
Sale Type
Investment or Owner Occupier
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Freehold
Property Size
10,216 sq ft
Costar Property Class
B
Year Built
1890
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
2,554 sq ft
Plot ratio
0.75
Total Plot Size
0.31 ac
Parking
5 Spaces (0.49 Spaces per 1,000 sq ft Leased)
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Bright Spark Ltd
- -
- -
- -
- -
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Bright Spark Ltd | - | - | - | - |
1 1
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178-182 Hotwell Rd
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