1 Canons Rd
Bristol BS1 5UH

U Shed · Retail Property For Sale

Investment Highlights

  • Waterside investment property

Executive Summary

Offers of £6,200,000. A purchase at this level reflects a net initial yield of 7.50% and a minimum recessionary yield of 7.75% in November 2028 assuming purchaser's costs of 6.63% an a capital value equating to £175 per sq foot.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Freestanding
Building Size
29,255 SF
Building Class
B
Year Built
1990
Price
$7,585,490
Price Per SF
$259
Cap Rate
7.50%
NOI
$568,912
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.56
Lot Size
0.43 AC
Frontage
236 FT on Harbourside Walk

Amenities

  • Restaurant
  • Waterfront
  • Listing ID: 31219578

  • Date on Market: 3/14/2024

  • Last Updated:

  • Address: 1 Canons Rd, Bristol BS1 5UH