Back
to Property Search
200 Aztec West
TENURE
For Sale
SIZE
45,199 sq ft
GUIDE £
Offers in excess of £7,000,000
- Located at the gateway to Aztec West Business Park, Bristol’s premier out-of-town commercial district.
- Comprises four substantially refurbished office buildings totalling 45,199 sq ft NIA, configured to provide 11 suites.
- Continuous refurbishment in recent years provides modern accommodation with minimal capital expenditure requirements.
- ESG focussed space benefitting from EPC A and B ratings.
- Outstanding car parking ratio of 1:170 sq ft, reflecting 267 spaces.
- Multi-let to 8 tenants with an Average Weighted Unexpired Lease Term of 5.29 years to expiries and 2.43 years to breaks, at a total passing rent of £831,426 per annum.
- Immediate opportunity to let 2 fully refurbished vacant suites, totalling 5,057 sq ft.
- We are instructed to seek offers in excess of £7,000,000 (Seven Million Pounds) subject to contract and exclusive of VAT. A purchase at this level provides an attractive net initial yield of 11.14%, a reversionary yield of 12.59% and a capital value of £155 psf.
200 Aztec West, Park Avenue, Bristol, BS32 4SY
Contact
[TEAM]