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Woodlands Court
TENURE
For Sale
SIZE
37,959 sq ft
GUIDE £
Offers in excess of £4,700,000.00
- Woodlands Court offers an opportunity to acquire a fully let 3.5-acre site with a industrial underpin.
- Well positioned in Bristol’s Almondsbury Business Park, a well established mixed-use location, approximately 5 miles north of the city centre.
- The four buildings offer 37,959 sq ft of office accommodation over 11 individual units.
- Fully let to 8 tenants providing a total passing rent of £605,734 p.a. equating to a low rent of £15.96 psf.
- Opportunity to realise the reversionary potential of the asset with the asset offering a 32% discount to prime out of town headline rents achieved (£23.50 psf).
- EPC’s on the property range from B to D demonstrating the ability to improve the assets ESG credentials through asset management.
- Excellent parking ratio of 1:214 (177 spaces).
- Large 3.5-acre site with a low site coverage of 33%.
- Freehold
- Offers are invited in excess of £4,700,000 (Subject to Contract and exclusive of VAT). A purchase at this price reflects a 12.09% net initial yield and a capital value of £124 per sq ft, assuming purchasers' costs at 6.58%.
Woodlands Court, Ash Ridge Road, Bristol, BS32 4LB
Contact
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