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63-65 North St 852 sq ft Retail Unit Offered at £250,000 in Bristol BS3 1ES
Investment Highlights
- located in the south of Bristol approximately 2 miles from Bristol Temple Meads station
- 1 mile south of Bristol city centre.
- The area has high levels of footfall
Executive Summary
This popular area is located in the south of Bristol approximately 2 miles from Bristol Temple Meads station and 1 mile south of Bristol city centre. North Street benefits from an excellent mix of occupiers including several popular restaurants, successful bars and a range of local and national retailers. The area has high levels of footfall and benefits from a close proximity to Ashton Gate Stadium.
Property Facts
| Total Property Size | 929 sq ft | Typical Floor Size | 539 sq ft |
| Property Type | Retail (Unit) | Year Built | 1927 |
| Property Subtype | Shopfront Retail / Residential | Tenancy | Single |
| Costar Property Class | B | Total Plot Size | 0.03 ac |
| Floors | 2 |
| Total Property Size | 929 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 539 sq ft |
| Year Built | 1927 |
| Tenancy | Single |
| Total Plot Size | 0.03 ac |
Amenities
- Signage
1 Unit Available
Unit 65
| Unit Size | 852 sq ft | Unit Use | Retail |
| Price | £250,000 | Sale Type | Investment |
| Price Per sq ft | £293.43 | Tenure | Freehold |
| Unit Size | 852 sq ft |
| Price | £250,000 |
| Price Per sq ft | £293.43 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The property comprises a ground floor restaurant and bar with a small garden to the rear. The ground floor is interconnected with 63 North Street which is held under separate ownership and does not form part of the property for sale. The first floor comprises ancillary office space.
Sale Notes
The investment property is available freehold. The occupational lease is dated 27th August 2021 to The Old Bookshop 2021 Ltd and runs for a term of 10 years. There is a tenant break at the end of year 5 and the passing rent is £17,400 per annum. The next rent review is 27th August 2026. Scope for further uplift at the next open market review
Interior
Nearby Major Retailers
Presented by
63-65 North St
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