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930 Hempton Court, Aztec West, Bristol, BS32 4SR

not specified / Offices

Withdrawn - Last updated: 21 July 2024

Bristol is the commercial capital of the South West and the 5th largest city in the UKAztec West is the premier business park in the South West strategically located on the junction of the M5/M4 motorways.A highly specified office comprising 30,430 sq ft over ground and 2 upper floors122 car parking spaces providing an excellent ratio of 1:249 sq ft.The building is highly divisible and offers flexibility to cater for a wide range of occupier requirementsFreeholdLet in its entirety to Nvidia Technology UK Limited for a further 7.2 years unexpired (2.2 years to break).Current passing rent of £561,058 per annumPrime headline rents in Aztec West currently stand at £21 psf offering a significant discount to the city centre. The prime rent in Bristol city centre currently stands at £28.50 psf.Offers are sought in excess of £6,380,000 (Six Million, Three Hundred and Eighty Thousand Pounds), subject to contact and exclusive of VAT. A purchase at this level reflects an attractive net initial yield of 8.25% and a low capital value of £210, assuming purchasers costs of 6.64%.

Location

930 Hempton Court, Aztec West, Bristol, BS32 4SR, Bristol, Europe


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