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1-3 Gloucester Rd 7,879 SF Retail Building Bristol BS7 8AA $3,563,142 CAD ($452.21 CAD/SF) 6.32% Cap Rate
Investment Highlights
- Investment for sale
- Property is let to Waitrose Limited for an unbroken term of fifteen years from September 2025
- Very prominent former tram shed fronting Gloucester Road’s junction with Cheltenham Rd and Zetland Rd
Executive Summary
We are offering the unexpired term of a 999-year lease from 2002, at a peppercorn rent. Offers are invited in the region of £1.9 million, reflecting a yield of 6.32%.
The store is let to Waitrose on the basis of a new ten year lease form September 2025 at an annual rent of £120,000 pax.
The upper floors are occupied for residential and the freeholder will retain ownership of these floors.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$225,041
|
$28.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$225,041
|
$28.56
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $225,041 |
| Annual Per SF | $28.56 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $225,041 |
| Annual Per SF | $28.56 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Le voyage de Waitrose & Partners commence dans la rue principale en 1904, lorsque Wallace Wyndham Waite, Arthur Rose et David Taylor ouvrent leur première boutique à Acton. Le trio entreprenant créa une entreprise prospère vendant ce qui était, à l'époque, des produits d'épicerie exceptionnellement variés. Des normes élevées et des prix élevés ont assuré la croissance, Waite se concentrant sur l'achat, Rose prenant la responsabilité des comptes et Taylor gérant l'atelier. Deux ans plus tard, Taylor partit, laissant Waite and Rose former, en 1908, le nom désormais largement reconnu de Waitrose Ltd.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Presented by
1-3 Gloucester Rd
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