SOLD

TypeMixed Portfolio Investments

BS6 3 Lower Redland Road, Bristol

TenureFor sale

3 Lower Redland Road, Bristol, BS61/4

Specification

Building size
Building size539 - 1,514sqft
Property type
Property typeMixed Portfolio Investments
Tenure
TenureFor sale

Description

Investment opportunity - mixed use building, ground floor lock-up shop and 2 x 1 bed flats above.

Ground floor and basement retail area totalling 774 sq ft (71.91 sq m) as well as two one-bedroomed flats to the upper floors, accessed from the front of the property.

Location

The premises are situated on Lower Redland Road, just off Whiteladies Road.

Whiteladies Road is one of the main arterial routes into Bristol, linking the City Centre with the affluent suburbs of Clifton, Cotham and Redland.

Amenities

Located in an affluent area popular among students and professionals

Ground floor retail unit let to the Bristol Artisan who have been in occupation since 2019

2 x 1 bed flats let on AST Agreements

Total income £41,008 per annum

Seeking offers in excess of £500,000 which shows a net initial yield of 7.83%

New key point...

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