We are delighted to have represented and worked with UK Real Estate & Investment Manager, APAM in selling the above property in the heart of Bristol City Centre. The long leasehold interest was owned by Nexus Investment Management inc. and sold to Private Investment Company, Whitehall Industrial Limited. The purchaser was represented by Hartnell Taylor Cook.
The ownership is fully occupied and includes six retail units, and 16,348 sq ft of self-contained office accommodation above. The annual income at the time of sale was £366,517. Offers were invited in the region of £4 million. The resulting interest in this property reflected the broad range of purchasers for city centre mixed use investment product, with various occupier solutions being considered.
Particular thanks to David Thompson of Rowley Hughes Thompson for his invaluable technical input.
Contact Russ Power for any further information.
