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96A Whiteladies Rd 2,139 sq ft Retail Property Bristol BS8 2QX £985,000 (£460.50/sq ft) 7.50% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Attractive mixed-use restaurant and residential investment
- Ground floor let to Buenos Aires Restaurant Limited for a term of 15 years from 16 Nov 2021 with a mutual break option in November 2031
- Total income £65,020 pax, with fixed increase to £70,020 pa in November 2026
- Prominent position on Whiteladies Road central to Bristol’s most affluent residential areas
- First floor residential let to private individual on a yearly AST
- Extensively refurbished, completed in 2022
EXECUTIVE SUMMARY
The freehold of this mixed use investment opportunity is available for the guide price of £985,000 providing a yield of 7.5%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,139 sq ft
Costar Property Class
B
Year Built
1910
Price
£985,000
Price per sq ft
£460.50
Yield
7.50%
NOI
£73,875
Tenancy
Single
Number of Floors
4
Plot ratio
0.78
Total Plot Size
0.06 ac
Frontage
21 ft on Whiteladies Road
AMENITIES
- Bus Route
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NEARBY MAJOR RETAILERS
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96A Whiteladies Rd
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