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A Prime High Yielding Industrial Investment, West Dock Plot 2, Portbury, Bristol, BS20 7XQ
38,419 Sq Ft / Industrial
Withdrawn - Last updated: 03 January 2024
- A rare opportunity to acquire the freehold of a strategically important site at the heart of Royal Portbury Docks.
- An established distribution location with excellent access to junction 19 of the M5.
- Royal Portbury Docks is the most centrally located deep water port in the UK, and the nearest port in road miles to Birmingham.
- Bristol Port is Europe’s largest car import/export terminal.
- A substantial prime site of 10.30 hectares (25.40 acres) currently used as car storage / processing facility with direct dock access.
- The property also comprises a number of industrial buildings totalling 3,569 sq m (38,419 sq ft), with a very low built density of only 3.5%.
- Let to Paragon Vehicle Services Ltd until 21 January 2023, with a tenant break option on 21 January 2018.
- Passing rent of £885,000 per annum.
- Paragon are the UK’s largest vehicle processing supplier, with Stobart Group Ltd acting as guarantor to the lease, a substantial FTSE listed company.
- The only freehold vehicle storage facility with direct access into the main port site.
- Significant future development potential for other port related uses.
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