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152 Whiteladies Rd 1,175 sq ft 100% Let Retail Property Bristol BS8 2XZ £800,000 (£680.85/sq ft) 8.38% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Takeaway (with basement storage)
- Second/Third Floor 3 Bed Maisonette
- First Floor 2 Bed Flat
EXECUTIVE SUMMARY
A mixed-use property arranged as a ground floor takeaway (with basement storage), with a first floor self-contained 2 bedroom flat, and further 3 bedroom self-contained HMO. The flats are let producing a gross annual rent of £43,365pa and the takeaway will be offered for sale with vacant possession and could therefore suit an owner occupier. However, once fully let, we would anticipate a total gross rent of circa £67,000pa. The flats are let to students on Assured Shorthold Tenancy agreements and benefit from both gas central heating and upvc double glazing.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,175 sq ft
Costar Property Class
B
Year Built
1806
Price
£800,000
Price per sq ft
£680.85
Yield
8.38%
NOI
£67,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Frontage
12 ft on Whiteladies Rd
1 1
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152 Whiteladies Rd
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