2-10 Jacob’s Wells Road and 107-141 St George’s Road, Bristol

Full Description

The property comprises an unbroken terrace of properties constructed in early 20th Century, arranged predominantly over ground and two upper floors, with 129–131 St George’s Road including a third floor.

The property comprises an unbroken parade of 21 properties including two public houses, generally arranged as retail on the ground floor, with offices/residential above extending to at least 20,038 sq ft in total. Upper parts are either self contained/separately accessed, or accessed internally. The property includes a number of vacant units, two properties are let on long leases expiring in 2124, and 111–115 St George’s Road is let on a lease expiring in 2038.

The property is let on 10 occupational leases, two long leases and one 75 year lease expiring in 2038. The properties produce a net income of £93,275 per annum. The property includes 7 vacant units. All leases are on internal repairing and insuring terms, with the landlord responsible for external repairs. The leases have 1954 Landlord and Tenant Act protection.

A tenancy schedule is available upon request.

Location
Hotwells is a predominantly residential neighbourhood situated directly to the north of the floating harbour just one mile West of Bristol City Centre. It sits below the affluent suburb of Clifton and has immediate links to South Bristol (Brunel Way), Junction 18 of the M5 motorway (The Portway) and the City Centre/M32 via Anchor Road (A38).

The property occupies a prominent position at the bottom of Jacob’s Wells Road, at its junction with Hotwell Road, providing access to the leisure and retail facilities located on Queens Road, including the Bristol Museum and Art Gallery, Royal West of England Academy, in addition to numerous local and national retailers, bars and restaurants.

The property sits virtually opposite Bristol Harbourside, a mixed use destination comprising offices, leisure, hotel and high quality residential accommodation, arranged around Millennium Square, and We the Curious Science Museum.

St George’s Road is predominantly retail/residential and links immediately with College Green to the East with occupiers in between including City of Bristol College, The Environment Agency Headquarters, Bristol Central Library, Bristol Cathedral, Bristol Cathedral Choir School and the Headquarters of Bristol City Council.

Features

• Central Bristol location, virtually opposite Bristol Harbourside
• Terrace comprising 21 individual assets extending to at least 20,038 sq ft NIA in total
• Freehold
• £93,275 per annum rental income
• Numerous value add opportunities
• First time in market for over 100 years

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