Commercial property for sale in Charlton Heights, Patchway, Bristol BS34

Offers over £2,844,000 (£269.34/sq. ft)
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Commercial property for sale

10,559 sq. ft*

Property description

Key Points

  • Situated close to the former Filton Airfield site, a 354-acre development comprising a planned 2,675 new homes, 62 acres of employment space, parkland, schools, a new train station and 17,000 capacity music, sports and entertainment arena.
  • The property extends to 10,559 sq ft arranged over three ground floor units, and includes 30 car parking spaces. The upper parts have been sold off.
  • 999 year long-leasehold basis from 1st January 2010 at £275 per annum.
  • Multi-let to three tenants: Sainsbury’s Supermarkets Ltd, Gourmer Bristol Ltd and Happy Days Day Nurseries Ltd.
  • The Gourmer Bristol unit has a fixed minimum rental increase to £30,800 pa in 2026 and the Happy Days Nurseries lease includes 5 yearly uncapped cpi linked reviews.
  • 83% of income is secured against Creditsafe ‘Very Low Risk’ rated covenants.
  • Let with an attractive WAULT of 17 years, 11 months to expiry, 12 years, 1 month to earliest break options.
  • Total current passing rent of £169,120 per annum.
  • Offers sought in excess of £2,844,000 representing a net initial yield of 5.58%, after standard purchasers’ costs.

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    Property info

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    Hartnell Taylor Cook LLP, BS6 on +44 117 444 9907 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hartnell Taylor Cook LLP, and do not constitute property particulars. Please contact Hartnell Taylor Cook LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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