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10 Searle Cres

11,662 SF 53% Leased Retail Building Bristol BS23 3YX £825,000 (£71/SF)

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Investment Highlights

The town has a retail catchment of 191,000
A prominent position in the well established showroom and retail area of Searle Crescent

Easy dual-carriageway access to Junction 21 of the M5 motorway (3 miles) via the A370

Executive Summary

The freehold interest with vacant possession is available at a price of £825,000 (VAT is not applicable).

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Property Facts

Sale Type

Owner User

Property Type

Retail

Tenure

Freehold

Property Subtype

Auto Dealership

Building Size

11,662 SF

Year Built

2000

Price

£825,000

Price Per SF

£71

Percent Leased

53%

Tenancy

Multiple

Number of Floors

Building FAR

0.38

Land Acres

0.70 AC

Parking

80 Spaces (5.98 Spaces per 1,000 SF Leased)

Frontage

400 ft on Searle Cres

Space Availability

Ground
5,480 SF
Retail
Outparcel
Now

The lease will be on full repairing terms for a period of 10 years subject to 5 yearly upward only rent reviews. Further details are available on application. Rent: £65,000 per annum excluding rates & insurance (VAT is not applicable).