Kent House, 31 - 35 Prince Street, Bristol
- SIZE
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- SECTOR
Commercial property for sale
Key features
- Long Leasehold asset let on an occupational lease
- Let to Hopewell Short Lets Limited
- Accommodation comprising 15 studio apartments
- Basement office accommodation let to Langley House Mortgages
- Part of a portfolio
Description
The property underwent a complete refurbishment and conversion in 2016.
The property is held through a long leasehold interest with a 150 lease from Bristol City Council from 31st July 2015. The passing rent is £5,166 per annum.
The ground and floors 2 to 4 are residential accommodation comprising 15 studio apartments from 21.5 sqm to 31.2 sqm.
The entirety of the residential accommodation is let to a serviced apartment business called Hopewell Short Lets Limited.
Hopewell pay a passing rent of £158,988 per annum which expires in April 2029. The rent is reviewed annually with fixed uplifts reflecting 2% pa.
The basement accommodation is used as an office by Langley House Mortgages with a passing rent £16,835 pa and an expiry 31/01/2028.
Brochures
Kent House, 31 - 35 Prince Street, Bristol
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bristol Temple Meads Station0.7 miles
- Bedminster Station0.7 miles
- Clifton Down Station1.1 miles
Notes
Disclaimer - Property reference 5A8DC070-D608-4030-ACA7-5833DAC232B2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Bristol Development. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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