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427 Gloucester Rd

433 SF 100% Leased Retail Building Bristol BS7 8TZ £770,000 (£1,778/SF) 5.90% Net Initial Yield

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Investment Highlights

Fantastic investment opportunity
Scope to increase income
An open plan shop floor with large windows out onto Gloucester Rd

Gloucester Rd location
Detached garage
The property is alarmed

Executive Summary

Welcome to this fantastic property located on Gloucester Road in the vibrant area of Horfield, Bristol. This charming house boasts not only a prime location but also a great investment opportunity.
Situated on the popular Gloucester Road, this property consists of three flats, all currently tenanted, providing a steady rental income. Additionally, there is a shop and a garage on the premises, both of which are also currently tenanted or rented out, contributing to the overall annual rent of £45,300. With a gross return of 5.9%, this property offers a solid investment opportunity for those looking to expand their portfolio.
The shop is currently rented to a beauty salon at a monthly rental of £8,400 PA. The lease is a rolling contract and the property has recently been adapted to the needs of the current tenant. Space is 433 SQ FT.
In addition to the main building, there is also a detached garage which is rented out to a nearby shop for £100 per month.

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