Property photos
Leasehold
Non quoting
Retail premises for sale
Alliance House, Baldwin Street, Bristol BS110,250 sq. ft
Local area information
Property location
Nearby amenities
- Bristol City Centre Ferry Landing 0.1 miles
- Cathedral Primary School 0.2 miles
- Bristol Cathedral Choir School 0.2 miles
- Welsh Back Ferry Landing 0.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bristol to find out more about the local area.
Features and description
- Leasehold
Key Points
An unrivalled Food and Beverage location in the centre of Bristol Densely populated with students and offices providing both day and evening trade Tenants include; Tonkotsu, Rosa’s Thai and Bella Italia. The tenancies provide a awult of 11.2 years to expiry and 10.25 years to break Ground and basement retail/restaurant units 100% let generating £238,250 per annum £3,315,000
Description
Prime Retail / Leisure Investment in Bristol City Centre
Five attractive retail/restaurant units totalling at 10,250 sq ft forming part of a new residential development of 44 apartments completed in 2021
An unrivalled Food and Beverage location in the centre of Bristol
Densely populated with students and offices providing both day and evening trade
Ground and basement retail/restaurant units 100% let generating £238,250 per annum
Tenants include; Tonkotsu, Rosa’s Thai and Bella Italia. The tenancies provide a awult of 11.2 years to expiry and 10.25 years to break
Long leasehold 999 years on a peppercorn with opportunity to buy the Freehold with the benefit of residential ground rents
The vendor is seeking offers of £3,315,000, (Three Million Three Hundred and Fifteen Thousand Pounds) exclusive of VAT and subject to contract.
A purchase at this level reflects a net initial yield of 6.75% assuming purchaser’s costs of 6.49%.
Location
Alliance House is situated on Baldwin Street, a lively and vibrant area of the city, benefitting from being both a cultural hub and thriving commercial centre point for students and professionals between King Street and Corn Street. The area has many student developments Including multiple Unite schemes (Waverley & Favell House) and Market Quarter Studios. There are approximately 1,000 beds within a 2 min walk of the subject. Baldwin Street is a popular leisure destination for late night F&B operators including Popworld, Tonight Josephine, Brew Dog and NQ64. It also provides independent food outlets offering a variety of global cuisines.
Description
Prime Retail / Leisure Investment in Bristol City Centre
Five attractive retail/restaurant units totalling at 10,250 sq ft forming part of a new residential development of 44 apartments completed in 2021
An unrivalled Food and Beverage location in the centre of Bristol
Densely populated with students and offices providing both day and evening trade
Ground and basement retail/restaurant units 100% let generating £238,250 per annum
Tenants include; Tonkotsu, Rosa’s Thai and Bella Italia. The tenancies provide a awult of 11.2 years to expiry and 10.25 years to break
Long leasehold 999 years on a peppercorn with opportunity to buy the Freehold with the benefit of residential ground rents
The vendor is seeking offers of £3,315,000, (Three Million Three Hundred and Fifteen Thousand Pounds) exclusive of VAT and subject to contract.
A purchase at this level reflects a net initial yield of 6.75% assuming purchaser’s costs of 6.49%.
Location
Alliance House is situated on Baldwin Street, a lively and vibrant area of the city, benefitting from being both a cultural hub and thriving commercial centre point for students and professionals between King Street and Corn Street. The area has many student developments Including multiple Unite schemes (Waverley & Favell House) and Market Quarter Studios. There are approximately 1,000 beds within a 2 min walk of the subject. Baldwin Street is a popular leisure destination for late night F&B operators including Popworld, Tonight Josephine, Brew Dog and NQ64. It also provides independent food outlets offering a variety of global cuisines.
More information
Listed by
Avison Young - Retail
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