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715 Aztec West
TENURE
For Sale
SIZE
17,587 sq ft
GUIDE £
Offers in excess of £3,000,000
- Located on Bristol’s premier business park, just 0.5 miles from Junction 16 of the M5 and within 1 mile of the M4/M5 interchange
- Comprises a 17,587 sq ft detached office building, arranged over ground and first floors and a link building, refurbished in 2014 and 2023
- Parking provision for 79 cars, providing an excellent ratio of 1:223
- Freehold
- Fully let to three tenants including Antillion Ltd, Imagination Technologies Ltd and Miller Homes Ltd with Attractive WAULT of 6.8 years to expiry, 4.7 years to break
- Total passing rent of £345,991 per annum, reflecting a low passing rent of £19.67 per sq ft
- Opportunity to surrender Imagination Technologies Ltd lease and re-let at higher rent
- We are instructed to seek offers in excess of £3,000,000 (three million pounds), subject to contract and exclusive of VAT, reflecting an attractive net initial yield of 10.83% (assuming purchaser’s costs of 6.45%) and a low capital value of £171 per sq ft.
715 Aztec West, Bristol, BS32 4UD
Contact
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