2.1-2.6 Paintworks - Office CONDO FOR SALE


Bristol, BST BS4 3EH
$1,600,000 USD
799-089-1024
2.1-2.6 Paintworks, Bristol, BST for Sale
$1,600,000 USD
Office CONDO - FOR SALE
1/18
null | 9% Cap Rate

2.1-2.6 Paintworks
Bristol, BST BS4 3EH


HIGHLIGHTS

  • Opportunity to acquire a high yielding single-let office investment within Bristol’s creative quarter
  • Paintworks is a unique and hugely successful mixed-use development on the site of a former Victorian paint factory
  • The property comprises 6,640 sq ft of self-contained industrial style studio/office space with 8 car parking spaces

OVERVIEW

Offers are sought in the region of £1,600,000 (One Million Six Hundred Thousand Pounds) reflecting a Net Initial Yield of 9.07% (assuming purchasers costs of 6.22%). A purchase at this level would reflect a capital value of £241 per sq ft.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$241 USD /SF

CAP RATE

9%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

26,818 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

-

APN/PARCEL ID

BL97428

ASK ABOUT THIS PROPERTY

Oliver StrettonAlder King LLPMore Info
799-089-1024

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Oliver StrettonAlder King LLPMore Info
799-089-1024

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.