Clifton Arcade, Boyces Avenue, Bristol

Full Description

The Grade II Listed Clifton Arcade, originally known as Kings Clifton Bazaar and Winter Garden, first opened in 1878 and was built by Joseph King, a self-taught architect, entrepreneur and builder.

The ownership comprises a shop and a cafe fronting Boyce’s Avenue (occupied by Village Gifts and Primrose Café) and within The Arcade there are 16 independent occupiers on ground floor, together with a vibrant mix of occupiers in 17 boutique studios at first and second floors.

Location
Clifton is a particularly attractive and the most affluent suburb of Bristol which contains a large number of Grade II and Grade II* Listed buildings. The area is famous for its Georgian and Victorian architecture including the stately buildings facing the Promenade on Clifton Down, the majestic Royal York Crescent and Clifton College. The suburb is a tourist destination in its own right whether overseas visitor or the returning University parent. Clifton comprises public gardens, residential squares and 440 acres of open downs land to the north (Durdham Down and Clifton Down), the Observatory, Bird Cage Walk, the spectacular Avon Gorge and the iconic Clifton Suspension Bridge.

The Grade II Listed property fronts Boyce’s Avenue, a pedestrianised street, which offers vibrancy with a number of traders spilling their activities onto the street; such as Primrose Café’s seating and the long standing Reg the Veg greengrocer and his produce.

Features

• The Clifton Arcade is a beautifully restored Victorian gem and home to a vibrant mix of independent boutiques and artisan markers. Its glass roofed charm and creative community is a real discovery.
• Comprising 2 shop/cafe premises fronting Boyce’s Avenue, 16 speciality independent occupiers on the ground floor, plus a vibrant mix of a further 17 boutique studios at first and second floors.
• Freehold.
• Grade II Listed - thus vacant units are not subject to empty rates.
• Producing a day-one net income of £420,924 per annum including vendor top up.
• Small retail and office premises on affordable rents and flexible leases.
• Offers in excess of £4,600,000 (Four Million, Six Hundred Thousand Pounds) reflecting a net initial yield of 8.59% assuming the usual purchasers costs and on the assumed net income.

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