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Alliance House 2-12 Baldwin St

10,507 SF 100% Leased Retail Building Bristol BS1 1SA $4,211,931 ($401/SF) 6.75% Cap Rate

Investment Highlights

  • An unrivalled Food and Beverage location in the centre of Bristol
  • Ground and basement retail/restaurant units 100% let generating £238,250 per annum
  • Densely populated with students and offices providing both day and evening trade
  • Long leasehold 999 years on a peppercorn - with opportunity to buy the Freehold with the benefit of residential ground rents

Executive Summary

The property is available by way of a new 999 year leasehold at a peppercorn rent. The freehold can be made available. Details of
residential ground rent income is available on request.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
10,507 SF
Building Class
B
Year Built/Renovated
1881/2023
Price
$4,211,931
Price Per SF
$401
Cap Rate
6.75%
NOI
$284,305
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
1.05
Land Acres
0.23 AC

Amenities

  • Banking
  • Bus Line
  • Security System

Nearby Major Retailers

Coffee #1
Barclays
Sainsbury's
Starbucks
Philpotts
Revolution
Slug & Lettuce
Santander
Cosy Club
Pret A Manger
  • Listing ID: 32613682

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 2-12 Baldwin St, Bristol BS1 1SA

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