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298 Wells Road 615 sq ft Retail Property Bristol BS4 2QG £325,000 (£528.46/sq ft) 8.04% Net Initial Yield
Investment Highlights
- Mixed Use Retail Investment Opportunity
- Fantastic location on Wells Road with high volume of passing vehicle traffic
- Ground floor commercial unit let as an Estate Agent Office with 3 bedroom maisonette over upper floors
Executive Summary
The freehold of this mixed use investment opportunity is available for the guide price of £300,000, providing a yield of 8.71%. The retail and residential element produce an income of £27,000 per annum.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
615 sq ft
Costar Property Class
B
Year Built
1930
Price
£325,000
Price per sq ft
£528.46
Yield
8.04%
NOI
£26,130
Tenancy
Single
Number of Floors
1
1 1
Nearby Major Retailers
1 of 3
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298 Wells Road
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