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410 & 420 Bristol Business Park, Bristol

under offer

Portfolio property for sale in a portfolio

£8,150,000 27,700 sq ft

CBRE
Status
Under offer
Highlights
  • Prime freehold office investment located in a prominent position on Bristol’s premier business park
  • 00% of the income is secured to a “Very Low Risk” covenant of Motability Operations Limited, with a Dun and Bradstreet rating of 5A1
  • Both buildings provide an excellent car parking provision of 1:201 sq ft (Building 410) and 1:167 sq ft (Building 420)
Property type

Portfolio property for sale in a portfolio

Full address
Bristol – Bristol
Asking price
£8,150,000
Available space range
There are 2 spaces available. These measure 27,700 sq ft. The total availability is 55,400 sq ft.
Brochure
Download the brochure

2 portfolio properties for sale

Portfolio property 3877982 Under offer

27,700 sq ft, £294.22 per sq ft, available now

Address 420 Coldharbour Ln, Bristol, Avon, BS16 1EJ, GB
Property Type Office
Size 27,700 sq ft
Price £8,150,000
Price per unit £294.22 per sq ft
  • Prime freehold office investment located in a prominent position on Bristol’s premier business park.
  • Buildings 410 and 420 are both 1990s office buildings providing a total of 27,700 sq ft of high quality space.
  • The buildings are let on FRI leases to Motability Operations Limited expiring in September 2026.
  • 7.5 years unexpired term.
  • 100% of the income is secured to a “Very Low Risk” covenant of Motability Operations Limited, with a Dun and Bradstreet rating of 5A1.
  • Motability Operations Ltd is a quality covenant owned by the UK’s four clearing banks namely Barclays, Lloyds Banking Group, HSBC and RBS.
  • Both buildings provide an excellent car parking provision of 1:201 sq ft (Building 410) and 1:167 sq ft (Building 420).
  • The total passing rent is £521,820 per annum equating to £18.84 per sq ft.
  • Freehold.
  • Offers are sought in excess of £8,150,000 (Eight Million One Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT.
  • A purchase at this level would reflect a net initial yield of 6% assuming purchaser’s costs of 6.8% and a capital value of £294 per sq ft.
Sale type Investment
Tenure Freehold
More building details Less building details

Portfolio property 3877982 Under offer

27,700 sq ft, £294.22 per sq ft, available now

Address Coldharbour Ln, Bristol, Avon, BS16 1EJ, GB
Property Type Office
Size 27,700 sq ft
Price £8,150,000
Price per unit £294.22 per sq ft
  • Prime freehold office investment located in a prominent position on Bristol’s premier business park.
  • Buildings 410 and 420 are both 1990s office buildings providing a total of 27,700 sq ft of high quality space.
  • The buildings are let on FRI leases to Motability Operations Limited expiring in September 2026.
  • 7.5 years unexpired term.
  • 100% of the income is secured to a “Very Low Risk” covenant of Motability Operations Limited, with a Dun and Bradstreet rating of 5A1.
  • Motability Operations Ltd is a quality covenant owned by the UK’s four clearing banks namely Barclays, Lloyds Banking Group, HSBC and RBS.
  • Both buildings provide an excellent car parking provision of 1:201 sq ft (Building 410) and 1:167 sq ft (Building 420).
  • The total passing rent is £521,820 per annum equating to £18.84 per sq ft.
  • Freehold.
  • Offers are sought in excess of £8,150,000 (Eight Million One Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT.
  • A purchase at this level would reflect a net initial yield of 6% assuming purchaser’s costs of 6.8% and a capital value of £294 per sq ft.
Sale type Investment
Tenure Freehold
More building details Less building details

Attachments

PDF #1 Marketing brochure/flyer Download

This portfolio property for sale in a portfolio is located in Bristol.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to CBRE. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact CBRE for full details and further information.