Offers over
£360,000
(£168.07/sq. ft)
Property for sale8-9 Surrey Street, Bristol BS2
2,142 sq. ft
Freehold
About this property
Key Points
Located in St Paul’s within Bristol City Centre a popular residential/student location just a brief walk from Bristol’s prime shopping district. Comprises a pub/bar on the ground and basement floors with a separately accessed 3 bedroom maisonette arranged over the upper floors. Freehold. Total gia area of 2,142 sq ft. Vacant ground floor leisure/pub with first floor AST in situ. Potential rental income of 34,200 pa. We are instructed to seek offers in excess of 360,000 (Three Hundred and Sixty Thousand Pounds Only), subject to contract and exclusive of VAT. A purchase at this level reflects a low capital value of 168 per sq ft and equates to 5 45 net initial yield and a 9 14 reversionary yield based on an assumed reversion to 34 200 pa, assuming purchasers costs of 3.88%.
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