Verified listing
Purpose-built retail warehouse
Purpose-built retail warehouse
Purpose-built retail warehouse
Purpose-built retail warehouse
Purpose-built retail warehouse
Purpose-built retail warehouse

Purpose-built retail warehouse

Bristol, United Kingdom

87%

£11.780.000

Industrial

Core

6 Jul 2022

#14182

Property Details

36,690 sq.ft.

3,409 m²

Leasable area

321 £/sq.ft.

3,455 £/m²

5.25 %

Freehold

1

For sale

Broker

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Single unit of 36,690 sq ft with a garden centre. Parking for 172 cars (1:213 sq ft).Class E planning consent. Originally for DIY use. April 2020 consent allows the unit to be subdivided and permits food use in part. Let for a further 14.7 years without break. £660,420 per annum, (£18.00 psf). Tenant is under an obligation to reclad / refurbish the store and resurface the car park at their cost. The works have commenced and are due for completion on 26 August 2022. The B&Q comprises a purpose-built retail warehouse that was built in 1986. The unit is of a steel framed construction with a pitched roof and part brick, part glazed and part clad elevations.