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Unit B, Petherbridge Way, Off Muller Road, Horfield, Bristol, BS7 9NZ

Guide Price
£900,000

£90.04 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

9,996 sq ft

929 sq m

SECTOR

Light industrial facility for sale

Key features

  • Warehouse Investment
  • Self-contained property, securely fenced
  • Dedicated yard and parking
  • Reversionary Rent Opportunity

Description

Location

The premises is located in the Bristol suburb of Horfield, located just off Muller Road, equidistant between the A38 and M32 (junction 2). Nearby occupiers include Aldi, Home Bargains and U-Drive.

Description

The premises consists of a steel portal frame industrial building with half-height blockwork and steel profile cladding above. The building is set on a dedicated site of c. 0.54 acres and offers fenced, secure yard with parking, a single electrically operated roller shutter door, warehousing and associated two-story offices.

Tenure Comments

The premises is let to 'The Tudor Press Limited' on a 10-year lease from 29th September 2020, paying £67,500 pax (exclusive). There is a rent review in 2025 which has not been triggered.

We are seeking offers in excess of £900,000, exclusive, for the freehold.

EPC

An EPC.....TBC

Service Charge Information

No service charge is payable to a third party.

Planning

We understand the premises has planning for B2/B8 use, however, interested parties are advised to make their own enquiries with the local planning authority.

VAT

The property is not elected for VAT.

Legal Costs

Each party will be responsible for covering their own legal costs incurred in the transaction.

Brochures

Unit B, Petherbridge Way, Off Muller Road, Horfield, Bristol, BS7 9NZ

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stapleton Road Station1.1 miles
  • Montpelier Station1.1 miles
  • Redland Station1.4 miles

About Creative Retail, Birmingham

51 Regent Parade, Birmingham, B1 3NS

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 385FH. 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 Creative Retail, Birmingham. 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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