Your email has been sent.
74-80 Macrae Rd - Eden Office Park 2,402 SF Office Condo Unit Offered at $782,459 CAD in Bristol BS20 0DD
Investment Highlights
- Fully let with an income of £35,940 pax.
- Rare opportunity to acquire the freehold interest of this modern two storey office building, set within an attractive business park
Executive Summary
Eden Office Park is located in the village of Ham Green, and was developed in 2003 to provide a tranquil working environment on the outskirts of Bristol city centre, benefitting mature landscaping and open countryside on the doorstep. The A369 is within half a mile away which provides access to J19 of the M5 motorway, which in turn provides access to the wider motorway network via the M4/M5 interchange. Clifton is located within 10 minutes via the Suspension Bridge, and Bristol city centre within 20 minutes. There are a range of bus routes servicing the area from Bristol.
1 Unit Available
Unit 79
| Unit Size | 2,402 SF | Tenure | Freehold |
| Price | $782,459 CAD | Cap Rate | 8.56% |
| Price Per SF | $325.75 CAD | NOI | $66,956.11 CAD |
| Condo Use | Office | No. Parking Spaces | 12 |
| Sale Type | Investment |
| Unit Size | 2,402 SF |
| Price | $782,459 CAD |
| Price Per SF | $325.75 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 8.56% |
| NOI | $66,956.11 CAD |
| No. Parking Spaces | 12 |
Description
The property comprises a modern office building with accommodation over ground and first floors. The specification includes carpeting, suspended ceiling and recessed office
style lighting, air conditioning to the first floor, kitchenette facilities on both ground and first floor, WCs and a shower.
The first floor is currently vacant, and there is a tenant on the ground floor on flexible lease terms. Further details on lease terms are available upon request.
Sale Notes
Seeking offers in the region of £420,000 plus VAT, reflecting a net initial yield of 8.20%
assuming usual purchasers costs. A purchase at this level would reflect a capital value of
£174.85 per sq ft.
Property Facts
| Total Building Size | 6,722 SF | Typical Floor Size | 1,755 SF |
| Property Type | Office (Condo) | Year Built | 2005 |
| Building Class | B | Lot Size | 0.49 AC |
| Floors | 2 | Parking Ratio | 2.09/1,000 SF |
| Total Building Size | 6,722 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,755 SF |
| Year Built | 2005 |
| Lot Size | 0.49 AC |
| Parking Ratio | 2.09/1,000 SF |
Amenities
- Security System
- Accent Lighting
- Energy Performance Rating - C
- Storage Space
- Air Conditioning
- Raised Floor System
Presented by
74-80 Macrae Rd - Eden Office Park
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.