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255 North St 946 sq ft Retail Property Bristol BS3 1JN £200,000 (£211.42/sq ft) 9.87% Net Initial Yield
Investment Highlights
- Prominent position along North Street, Bedminster, within a well-established retail parade
- Excellent connectivity, with the A38 approximately 0.5 miles east providing direct access to Bristol City Centre and Bristol Airport
- North Street is a busy local retailing thoroughfare serving the residential areas of Bedminster and Southville
Executive Summary
The property comprises a ground floor retail unit within a threestorey, mid-terraced building of traditional brick construction, with self-contained residential flats above accessed via a separate entrance.
The unit benefits from a glazed frontage onto North Street and is currently occupied by Betfred.
Internally, the accommodation is arranged as an open-plan sales area to the front with ancillary space, WC and storage to the rear, with finishes including carpet and timber effect flooring beneath suspended ceilings with recessed lighting.
The unit benefits from a glazed frontage onto North Street and is currently occupied by Betfred.
Internally, the accommodation is arranged as an open-plan sales area to the front with ancillary space, WC and storage to the rear, with finishes including carpet and timber effect flooring beneath suspended ceilings with recessed lighting.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Property Size
946 sq ft
Costar Property Class
B
Year Built
1922
Price
£200,000
Price per sq ft
£211.42
Yield
9.87%
NOI
£19,740
Tenancy
Single
Number of Floors
3
Plot ratio
0.76
Total Plot Size
0.03 ac
Frontage
17 ft on North St
Amenities
- Signage
1 1
Nearby Major Retailers
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255 North St
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