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Macrae Rd 2,402 sq ft Office Unit Offered at £420,000 in Bristol BS20 0DD
Investment Highlights
- 12 car parking spaces
- Located within approximately 5 minutes of J.19 of the M5 Motorway, 10 minutes of Clifton, and 20 minutes of Bristol city centre
- Rare opportunity to acquire the freehold of this modern, two-storey office building set within an attractive business park
Executive Summary
Rare opportunity to acquire the freehold of this modern, two-storey office building set within an attractive business park. The property is available for sale by way of the freehold interest with vacant possession on the first floor, and a tenant in situ on the ground floor. The building is also available to let as a whole, or on a floor-by-floor basis.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 7.81% |
| Sale Type | Investment |
| Net Initial Yield | 7.81% |
| Tenure | Freehold |
Description
The property comprises a modern office building with accommodation over ground and first floors. The specification includes carpeting, suspended ceiling and recessed office style lighting,
air conditioning on the first floor, kitchenette facilities on both ground and first floor, WCs and a shower.
air conditioning on the first floor, kitchenette facilities on both ground and first floor, WCs and a shower.
Sale Notes
The property is available for sale by way of the freehold interest.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 79 | 2,402 sq ft | Office | £420,000 (£174.85/sq ft) | £32,802 |
Unit 79
| Unit Size |
| 2,402 sq ft |
| Unit Use |
| Office |
| Price |
| £420,000 (£174.85/sq ft) |
| NOI |
| £32,802 |
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Unit 79
| Unit Size | 2,402 sq ft |
| Unit Use | Office |
| Price | £420,000 (£174.85/sq ft) |
| NOI | £32,802 |
| Sale Type | Investment |
| Net Initial Yield | 7.81% |
| Tenure | Freehold |
| Description | |
| The property comprises a modern office building with accommodation over ground and first floors. The specification includes carpeting, suspended ceiling and recessed office style lighting, <br> air conditioning on the first floor, kitchenette facilities on both ground and first floor, WCs and a shower.</li></ul> | |
| Sale Notes | |
| The property is available for sale by way of the freehold interest.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 14,127 sq ft | Typical Floor Size | 7,064 sq ft |
| Property Type | Office (Unit) | Year Built | 2003 |
| Costar Property Class | B | Total Plot Size | 0.25 ac |
| Floors | 2 | Parking Allocation | 0.85/1,000 sq ft |
| Total Property Size | 14,127 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 7,064 sq ft |
| Year Built | 2003 |
| Total Plot Size | 0.25 ac |
| Parking Allocation | 0.85/1,000 sq ft |
Amenities
- Accent Lighting
- Raised Floor System
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Macrae Rd
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