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Chapel Way 7,717 SF Industrial Condo Unit Offered at $1,441,432 CAD in Bristol BS4 4EU
EXECUTIVE SUMMARY
The property is situated within the Avon Valley Business Park, situated on Chapel Way, which falls outside of the clean air zone. This location offers excellent connectivity, providing seamless access to Bristol city centre and its surrounding areas.
PROPERTY FACTS
| Total Building Size | 15,434 SF | Floors | 2 |
| Property Type | Industrial (Condo) | Typical Floor Size | 7,717 SF |
| Property Subtype | Warehouse | Year Built | 1990 |
| Building Class | B | Parking Ratio | 0.65/1,000 SF |
| Total Building Size | 15,434 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 7,717 SF |
| Year Built | 1990 |
| Parking Ratio | 0.65/1,000 SF |
AMENITIES
- Fenced Lot
- Yard
- Automatic Blinds
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 UNIT AVAILABLE
Unit 3
| Unit Size | 7,717 SF | Sale Type | Investment |
| Price | $1,441,432 CAD | Tenure | Long Leasehold |
| Price Per SF | $186.79 CAD | Cap Rate | 8.06% |
| Condo Use | Industrial | NOI | $116,192.45 CAD |
| Unit Size | 7,717 SF |
| Price | $1,441,432 CAD |
| Price Per SF | $186.79 CAD |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 8.06% |
| NOI | $116,192.45 CAD |
DESCRIPTION
A mixed use investment, fully let producing £62,472pa. The property measures approximately 7,717 sq ft and is divided into 2 key areas. The ground floor, measuring approximately 5,582 sq ft features air conditioned offices and heated warehouse with offices and a forecourt, providing ample external space for loading, parking for 6 vehicles, and operational needs. The first floor, measuring approximately 2,135 sq ft is dedicated to high quality office space, offering a great working environment for professional tenants.
SALE NOTES
The property is to be sold on the residue of a 125 year lease from 1989. We understand there is the potential to extend the lease with the freeholder.
Presented by
Chapel Way
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