Unit 2b New Station Way, Fishponds, Bristol, BS16 3LD

Summary

A modern trade counter unit in an established commercial area in Bristol

Location

The property is located on New Station Way in the Fishponds area of Bristol approximately 4 miles north east of Bristol City centre. The property forms part of a terrace of modern trade counter units and a Royal Mail sorting office. The M32 motorway lies 1.5 miles to the west and provides a direct motorway connection between Bristols city centre and Junction 19 of the M4 that lies 2.5 miles to the north.

Fishponds is a recognised commercial location attracting a wide range of national and international companies across a range of sectors with nearby occupiers including Britannia Tyres, Royal Mail, PHS, Plumbing Trade Supplies (PTS), Morrisons and Lidl.

Investment Summary

• Located in an established commercial area 4 miles north east of Bristol city centre.
• Modern trade counter unit totalling 4,003 sq ft with secure yard.
• Single let to Crown Paints Limited (4A1 D&B rating).
• 25 year FRI lease expiring 29 September 2021 (3.75 years unexpired).
• Rent passing £25,450 per annum reflecting £6.36 per sq ft.
• Offers are sought in excessof £365,000 (Three Hundred and Sixty Five Thousand Pounds) subjectto contract and exclusive of VAT.
• Attractive net initial yield of 6.71%.