62 Lower Redland Rd 6,409 sq ft 100% Let Industrial Property Bristol BS6 6SS £1,800,000 (£280.86/sq ft) 6.83% Net Initial Yield

A substantial mixed-use investment property occupying a site area ofapproximately 0.35 acres located in the heart of Redland. The site
comprises 3 large student flats (HMOs) to the front, with a number of industrial units to the rear. The site is fully let producing a gross annual rent of approximately £123,000pa although we consider all parts to be underlet and consider the market rent to lie in the region of
£155,000pa (based on £10-£12 per ft² for the industrial premises and £750pcm per student room). The industrial units also offer potential for future residential redevelopment, subject to obtaining the necessary planning consent and vacant possession.