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Investment

Investment For Sale Bristol

PROPERTY ID: 126069

PROPERTY TYPE

Investment

STATUS

Available

SIZE

19,527 sq.ft

Key Features

NIY of 8.9% based off an ERV of £6per sq ft on B and P House
Low capital value of only £70 psf

Property Details

The property is approximately 1 ½ miles east of the main A37 Bristol Road. The nearest major towns are Bath which is approximately 10 miles to the northeast, Frome which is approximately 10 miles to the southwest, Wells which is approximately 9 miles to the southwest and Bristol which is approximately 14 miles to the north. The premises are located on The Old Mills Industrial Estate accessed off the A362, immediately to the east of the A37 and just west of Midsomer Norton.

Description B And P House B And P House Is A C. 1980 Built Industrial Unit With Trade Counter Frontage. The Building Is Steel Portal Frame Construction With A Composite Panel Roof And Elevations. The Building Has A Wide Sales Area To The Front With Open Sided Mezzanines. Either Side Of A Central Spiral Stair. The Sales Area Has A Tiled Floor, Suspended Ceiling With Cat Ii Lighting And Glazed Frontage Along The Roadside, With Shutters. The Industrial Area Behind Has X3 Manual Roller Shutter Doors, And A Maximum Eaves Height Of 9m Dropping To 5.75m. There Are Mezzanine Areas Above Both Front And Rear Sections Offering Ample Space For Office And Back Of House. The Property Is Currently Vacant And Offers An Opportunity To Re-configure Or Subdivide The Space. Units 1-3 These Are Modern (c. 2021) Built, As A Terrace Of Industrial Starter Units. The Terrace Is Constructed Of Part Brick Façade Part Composite Panelling With A Composite Panel Roof And Manual Roller Shutter Door And Pedestrian Door To The Front. Each Unit Benefits From A Small Mezzanine Office Above With Wc, Kitchen And Further Offices Below Adjacent To The Main Warehouse / Industrial Space. The Units Present Very Well And Would Be Suitable For A Wide Range Of Uses. There Is Parking To The Front And Side With Each Unit Benefitting From 3 Spaces. Location The Property Is Approximately 1 ½ Miles East Of The Main A37 Bristol Road. The Nearest Major Towns Are Bath Which Is Approximately 10 Miles To The Northeast, Frome Which Is Approximately 10 Miles To The Southwest, Wells Which Is Approximately 9 Miles To The Southwest And Bristol Which Is Approximately 14 Miles To The North. The Premises Are Located On The Old Mills Industrial Estate Accessed Off The A362, Immediately To The East Of The A37 And Just West Of Midsomer Norton. Accommodation Text The Property Benefits From The Following Gross Internal Floor Areas:- B And P House Ground Floor - 869.52sq M (9,359sq Ft) B And P House First Floor - 365.97sq M (3,939sq Ft) Unit 1 Ground Floor - 155.09sq M (1,669sq Ft) Unit 1 First Floor - 58.21sq M (627sq Ft) Unit 2 Ground Floor - 139.77sq M (1,505sq Ft) Unit 2 First Floor - 42.96sq M (462sq Ft) Unit 3 Ground Floor - 138.93sq M (1,495sq Ft) Unit 3 First Floor - 43.74sqm (471sq Ft) Total 1,814.18sq M (19,527sq Ft) Business Rates B And P House - £64,500 Unit 1 - £19,500 Unit 2 - £16,750 Unit 3 - £16,750 We Recommend Any Interested Parties Make Their Own Enquiries To Bath & North East Somerset Council (01225 477000) To Verify These Figures. Legal Costs Each Party Is To Be Responsible For Their Own Legal And Professional Fees Incurred In Any Transaction. Epc Text B And P House - 69 C Unit 1 - 29 B Unit 2 - 28 B Unit 3 - 28 B Further Information For Further Information, Please Contact The Joint Agents, Csquared Allan Lloyd E Allan.lloyd@cs-re.co.uk M 07527 388036 Savills Jack Davies E: Jack.davies@savills.com M: 07901 853503 Ameneties 1 Niy Of 8.9% Based Off An Erv Of £6per Sq Ft On B And P House Ameneties 2 Low Capital Value Of Only £70 Psf

About the Agent

Investment Unit

POA

B&P House And Units 1-3 Old Mills Court,Old Mills, Bristol, BS39 7SW
Investment - Available
19,527 sq ft
1,814 sqm
Show phone number

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