Old Gloucester Rd - Office FOR SALE


Bristol, AVN BS16 1GW
$1,300,000 USD
117-463-0443
Old Gloucester Rd, Bristol, AVN for Sale
$1,300,000 USD
Office - FOR SALE
1/3
null | 8.05% Cap Rate

Old Gloucester Rd
Bristol, AVN BS16 1GW


HIGHLIGHTS

  • Situated in Bradley Stoke, 6.5 miles North of Bristol City Centre
  • Opportunity to purchase a reversionary office investment in North Bristol
  • Multi-let to 3 tenants with a WAULT of 3.6 years to expiry and 3 years to break

OVERVIEW

Offers are sought in excess of £1,300,000 (One Million Three hundred thousand pounds), subject to contract and exclusive of VAT. A purchase at this level represents a net initial yield of 8.05%, an attractive reversionary yield of 11.02% and a low capital value of £128 per sq ft.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

8.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

-

APN/PARCEL ID

GR297700,GR299098

ASK ABOUT THIS PROPERTY

James FrostHartnell Taylor Cook LLPMore Info
117-463-0443

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James FrostHartnell Taylor Cook LLPMore Info
117-463-0443

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