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Greville Mews House 226 North St 4,840 SF 100% Leased Retail Building Bristol BS3 1JD $2,231,895 CAD ($461.14 CAD/SF) 8.83% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Situated in a highly desirable and prominent trading position
  • UPVC double glazing
  • LED lighting
  • Good level of footfall

EXECUTIVE SUMMARY

A well presented commercial investment property currently let to an established nursery/pre-school operator with additional offices let as therapy rooms. The building is fully let producing a gross annual rent of £106,000pa (plus service charge) and is situated in a highly desirable location in Southville.
The nursery measures approximately 3,700 ft² which includes a two storey annexe to the rear with seperate access, and has been fully refurbished benefiting from from air conditioning, LED lighting and an additional roof garden.
The first and second floor offices provide approx. 1,140 ft² NIA and are let as as therapy rooms, benefiting from UPVC double glazing and separate access from North Street.

ATTACHMENTS

226 North Street

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
4,840 SF
Year Built
1850
Price
$2,231,895 CAD
Price Per SF
$461.14 CAD
Cap Rate
8.83%
NOI
$197,151 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
22’ on North St

AMENITIES

  • Bus Line
  • Storage Space
  • Air Conditioning

NEARBY MAJOR RETAILERS

The Gym Group
Coffee #1
NatWest
Lounges
the food WAREHOUSE
Costa Coffee
Co-op
Morrisons
Sainsbury's
Snap Fitness 24/7
  • Listing ID: 30644891

  • Date on Market: 2024-01-12

  • Last Updated:

  • Address: 226 North St, Bristol BS3 1JD

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