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162 Church Rd 381 SF Retail Building Bristol BS5 9HL $586,578 CAD ($1,539.58 CAD/SF) 7.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Mixed-Use Investment
- Currently Barbers With One Bedroom Apartment Above
- Prime Church Road Location
EXECUTIVE SUMMARY
An exciting mixed-use investment property on the vibrant location of Church Road. spanning across two floors, it encompasses a retail unit on the ground floor and one bedroom first floor flat. Rental Values:
• Retail Unit (A1) – Currently Achieving £1100pcm
• First Floor One Bed Apartment – Currently Achieving £950pcm
• Approximate Gross Yield: 7.3%
The location on Church Road offers high visibility, foot traffic and strong rental demand. Businesses on Church Road benefit from the foot traffic generated by the bustling street, making it an attractive location for businesses looking to establish a presence in Bristol. A vibrant and diverse area known for its eclectic mix of independent businesses, cafes, restaurants, and shops. It has a strong sense of community and is a popular destination for residents and visitors alike.
• Retail Unit (A1) – Currently Achieving £1100pcm
• First Floor One Bed Apartment – Currently Achieving £950pcm
• Approximate Gross Yield: 7.3%
The location on Church Road offers high visibility, foot traffic and strong rental demand. Businesses on Church Road benefit from the foot traffic generated by the bustling street, making it an attractive location for businesses looking to establish a presence in Bristol. A vibrant and diverse area known for its eclectic mix of independent businesses, cafes, restaurants, and shops. It has a strong sense of community and is a popular destination for residents and visitors alike.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
381 SF
Building Class
B
Year Built
1928
Price
$586,578 CAD
Price Per SF
$1,539.58 CAD
Cap Rate
7.30%
NOI
$42,820 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.02 AC
Frontage
16’ on Church Road
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NEARBY MAJOR RETAILERS
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Presented by
CJ Hole
162 Church Rd
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