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162 Church Rd 381 sq ft Retail Property Bristol BS5 9HL £315,000 (£826.77/sq ft) 7.30% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Mixed-Use Investment
- Currently Barbers With One Bedroom Apartment Above
- Prime Church Road Location
EXECUTIVE SUMMARY
An exciting mixed-use investment property on the vibrant location of Church Road. spanning across two floors, it encompasses a retail unit on the ground floor and one bedroom first floor flat. Rental Values:
• Retail Unit (A1) – Currently Achieving £1100pcm
• First Floor One Bed Apartment – Currently Achieving £950pcm
• Approximate Gross Yield: 7.3%
The location on Church Road offers high visibility, foot traffic and strong rental demand. Businesses on Church Road benefit from the foot traffic generated by the bustling street, making it an attractive location for businesses looking to establish a presence in Bristol. A vibrant and diverse area known for its eclectic mix of independent businesses, cafes, restaurants, and shops. It has a strong sense of community and is a popular destination for residents and visitors alike.
• Retail Unit (A1) – Currently Achieving £1100pcm
• First Floor One Bed Apartment – Currently Achieving £950pcm
• Approximate Gross Yield: 7.3%
The location on Church Road offers high visibility, foot traffic and strong rental demand. Businesses on Church Road benefit from the foot traffic generated by the bustling street, making it an attractive location for businesses looking to establish a presence in Bristol. A vibrant and diverse area known for its eclectic mix of independent businesses, cafes, restaurants, and shops. It has a strong sense of community and is a popular destination for residents and visitors alike.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
381 sq ft
Costar Property Class
B
Year Built
1928
Price
£315,000
Price per sq ft
£826.77
Yield
7.30%
NOI
£22,995
Tenancy
Single
Number of Floors
2
Plot ratio
0.56
Total Plot Size
0.02 ac
Frontage
16 ft on Church Road
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Presented by
CJ Hole
162 Church Rd
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