Commercial property for sale in Surrey Street, St. Pauls, Bristol BS2

Offers over £360,000 (£168.07/sq. ft)
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Commercial property for sale

2,142 sq. ft*

Property description

Key Points

  • Located in St Paul’s within Bristol City Centre a popular residential/student location just a brief walk from Bristol’s prime shopping district.
  • Comprises a pub/bar on the ground and basement floors with a separately accessed 3 bedroom maisonette arranged over the upper floors.
  • Freehold.
  • Total gia area of 2,142 sq ft.
  • Fully let to Dead Soda Ltd and one assured shorthold tenancy producing a low passing rent of 20,400 pa.
  • Potential rental income of 34,200 pa.
  • We are instructed to seek offers in excess of 360,000 (Three Hundred and Sixty Thousand Pounds Only), subject to contract and exclusive of VAT. A purchase at this level reflects a low capital value of 168 per sq ft and equates to 5 45 net initial yield and a 9 14 reversionary yield based on an assumed reversion to 34 200 pa, assuming purchasers costs of 3.88%.
  • Availability_Text

    The accommodation comprises the following areas:

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    For more information about this property, please contact
    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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