BS6 62 Lower Redland Road, Redland, Bristol

A substantial mixed-use investment property occupying a site area of approximately 0.35 acres located in the heart of Redland. The site comprises 3 large student flats (HMOs) to the front, with a number of industrial units to the rear. The site is fully let producing a gross annual rent of approximately £123,000pa although we consider all parts to be underlet and consider the market rent to lie in the region of £155,000pa (based on £10-£12 per ft² for the industrial premises and £750pcm per student room).

The industrial units also offer potential for future residential redevelopment, subject to obtaining the necessary planning consent and vacant possession.

Lower Redland Road is located just off Redland Road in Redland, in a predominantly residential location.