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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



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.
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.
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
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NEARBY MAJOR RETAILERS
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Greville Mews House | 226 North St
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