Property overview

135 Aztec West, Bristol, BS32 4SY

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£2,068,000
Dec 2013

Acquisition of a business park office investment on Aztec West, Bristol on behalf of Circle Property Unit Trust.

 

The 1990’s detached office building comprised 13,048 sqft and had 66 car spaces.

 

The property was let on a 5 year lease to Davies & Partners Solicitors from January 2015.  The topped up passing rent was £175,000 per annum (£13.41 per sqft).

 

The property was purchased for £2,068,000 which represents a net initial yield of 8%, assuming full costs of purchase of 5.8%.

 

LSH acted for the vendor.

 

View other Office transactions.

 

St Pauls Office Investments Retail & Retail Warehousing investments