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66 Park Street, 66 Park Street, Bristol

POA
Savills, Bristol Development
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SECTOR

Commercial property for sale

Key features

  • Opportunity to acquire an operational student asset totalling 13 student beds
  • The commercial space of 1,828 sqft is let to OQ Eyewear (UK) Limited
  • Located in Bristol's core city centre
  • Part of a wider portfolio
  • Freehold interest for sale

Description

66 Park Street is a Georgian style property with the upper floors converted into residential accommodation and a ground floor retail unit.

The property is not listed. The property underwent a complete refurbishment and conversion in 2015.

The building comprises four storeys from ground to floor 4 with a mixture of studios and non-ensuite clusters. The beds are fully let for 2024/25 with 62% international students. The building achieved 100% occupancy in May 2024 for the 2024/25 academic year. The student element has its own access off Park Street.

The commercial space comprises a ground floor retail unit of 1,932 sq ft let to OQ Eyewear (UK) Limited with Hakim Group (HO2 Management Limited) as guarantor. The lease was renewed for another 10 year term, expiring in August 2024 with a passing rent of £40,000 pa.

Brochures

66 Park Street, 66 Park Street, Bristol

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clifton Down Station0.8 miles
  • Redland Station0.9 miles
  • Bristol Temple Meads Station1.0 miles

About Savills, Bristol Development

Embassy House Queens Avenue, Clifton, Bristol, BS8 1SB

Notes

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Disclaimer - Property reference C2EEEA58-98BB-4CBC-868F-9674E77C0CAE. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Bristol Development. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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