133 St Michael's Hl - Storefront Retail/Residential FOR SALE


Bristol, BST BS2 8BS
$840,000 USD
133 St Michael's Hl, Bristol, BST for Sale
$840,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | 7.3% Cap Rate

133 St Michael's Hl
Bristol, BST BS2 8BS


HIGHLIGHTS

  • Entire property let to White Bear SWBG Bristol Limited
  • Property arranged over two levels extending to 4,958 Sq Ft (461 Sq M)
  • Freehold public house investment

OVERVIEW

The property comprises the ground, basement, first floor and second floors of a three storey terrace building with painted rendered elevations beneath a pitched roof. The property is held freehold (Title Number AV235528). The entire property is let to White Bear SWBG Bristol Limited on a 20 year lease from 17 August 2022 at a current rent of £64,827 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 5% (except in the open market review year). A rent deposit of £15,740 is held by the landlord.

FOR SALE DETAILS

PRICE

$840,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

White Bear

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

AV235528,BL162802

ASK ABOUT THIS PROPERTY

William BakerSavillsMore Info

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William BakerSavillsMore Info

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