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Unit 2b New Station Way

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Fishponds
BS16 3LD Bristol
Ref: 11712

  • 4,003.00 ft² (371.89 m²)
  • 365,000
  • 6.71 Initial Yield

Description

Description

• A modern trade counter unit in an established commercial area in Bristol

Accommodation



DescriptionSizeAvailability
Ground Floor Trade & Office3,502 sq ftAvailable
First Floor Office501 sq ftAvailable
Total4,003 sq ftAvailable

Investment Summary

  • Located in an established commercial area 4 miles north east of Bristol city centre.
  • Modern trade counter unit totalling 4,003 sq ft with secure yard.
  • Single let to Crown Paints Limited (4A1 D&B rating).
  • 25 year FRI lease expiring 29 September 2021 (3.75 years unexpired).
  • Rent passing £25,450 per annum reflecting £6.36 per sq ft.
  • Offers are sought in excessof £365,000 (Three Hundred and Sixty Five Thousand Pounds) subjectto contract and exclusive of VAT.
  • Attractive net initial yield of 6.71%.

Location

Location

The property is located on New Station Way in the Fishponds area of Bristol approximately 4 miles north east of Bristol City centre. The property forms part of a terrace of modern trade counter units and a Royal Mail sorting office. The M32 motorway lies 1.5 miles to the west and provides a direct motorway connection between Bristol’s city centre and Junction 19 of the M4 that lies 2.5 miles to the north.

Fishponds is a recognised commercial location attracting a wide range of national and international companies across a range of sectors with nearby occupiers including Britannia Tyres, Royal Mail, PHS, Plumbing Trade Supplies (PTS), Morrison’s and Lidl.

Energy Rating

Energy Rating

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Contact

Contact
Ross Wigley
Simon J Bennett
  Details

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:

  1. The particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
  2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
  3. No person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
  4. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken.

For properties in Scotland:

  1. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law.

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