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SOLD STC

Bath Road, Arnos Vale, Bristol

£775,000

£117.12 per sq ft

Business rates & charges may apply

Maggs & Allen, Bristol
SIZE AVAILABLE

6,617 sq ft

615 sq m

SECTOR

Commercial development for sale

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Key features

  • Mixed use investment
  • Ground floor offices & warehouse
  • First floor offices
  • Fully let at £62,472pa.

Description

A mixed use investment, fully let producing £62,472pa. The property measures approximately 6,617 sq ft and is divided into 2 key areas. The ground floor features a spacious warehouse with a forecourt, providing ample external space for loading, parking, and operational needs. The first floor is dedicated to high quality office space, offering a great working environment for professional tenants.

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.

Location - 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.

Accommodation - Internal

Ground floor offices/warehouse.
First floor offices.

External

Forecourt parking plus 6 additional spaces for the first floor tenants.

Tenure - 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.

Lease Details - The property is fully let producing £62,472pa and on the following basis:

Ground Floor - 17/12/2021 to 16/12/2026
£42,000pa
Rent review due November 2026

First Floor - 01/07/2025 to 31/12/2027
£20,472pa rising to £21,000pa from 01/10/2026

Business Rates - The rateable value is £54,000.

Energy Performance Certificate (Epc) - EPC rating: D (valid until February 2035)

Vat - All figures quoted are exclusive of VAT unless otherwise stated.

Viewings - By appointment with Maggs & Allen.

Brochures

Bath Road, Arnos Vale, Bristol

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lawrence Hill Station1.0 miles
  • Stapleton Road Station1.5 miles
  • Bristol Temple Meads Station1.5 miles

About Maggs & Allen, Bristol

Richmond Hill, Clifton, Bristol, BS8 1BA

Commercial Property Specialists

If you are looking to sell or lease a commercial property in the Bristol region, Maggs & Allen have the experience and expertise to assist you. We are able to sell, rent, provide expert advice and negotiate all property matters relating to industrial, office, retail and investment properties throughout the Bristol region.

We can also provide RICS Compliant Valuations to assist with the calculation of Inheritance/Capital Gains Tax, for SIPPS/SASS pension requirements, for rent review, lease renewal, matrimonial and expert witness.

To discuss your requirements, do not hesitate to contact Maggs and Allen.

Call us on 0117 973 4940 or e-mail us at commercial@maggsandallen.co.uk.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34051660. 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 Maggs & Allen, Bristol. 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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