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84 Station Rd

1,186 SF Retail Building Yate BS37 4PH $815,211 CAD ($687 CAD/SF) 7.41% Cap Rate

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Investment Highlights

Prime Retail Location
Close to City Centre

Great Transport Links

Executive Summary

A fantastic freehold fully let investment opportunity located on Station Road, Yate. The property comprises a ground floor shop/office (let to Andrews estate agents) with 3 studio flats above. Planning consent was previously granted for the erection of 2 x 1 bedroom flats to the rear of the property although this has since lapsed.
The ground floor office is let on a new 10 year lease at £15,000 per annum and the 3 studio flats are let on Assured Shorthold Tenancy Agreements.
The property is therefore fully let producing a total annual rent of £33,360.

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