16, 18 & 20 Princess Victoria Street And 25 & 27 , Waterloo Street, Clifton Village, City of Bristol, BS8 4BP

Property Details: • Type: 8,043 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Prime Mixed Use Retail Investment Freehold • Affluent Clifton Village Location • High Footfall Location popular with students • Other occupiers in the vicinity include Cote, The Ivy, Bosco Pizzeria and No 4 Clifton Village • Reversionary rents • Vacant flats above in need of refurbishment • Asset Management Opportunities over the whole

Location: • Nearest Station: Clifton Down Station • Distance to Station: 0.8 miles

Agent Information: • Address: Balliol House Southernhay Gardens, Exeter, EX1 1NP

Full Description: The freehold consists of a prominent corner Grade II listed building situated in a prime position on Clifton Village's main shopping street. The property comprises a terrace of three retail units on Princess Victoria Street and two retail units on Waterloo Street, all fully let on various commercial tenancies, with seven flats above.The units benefit from ground-floor sales areas and office/staff facilities, with additional basement storage below. The flats are self-contained and accessed via Waterloo Street, just off Princess Victoria Street. Of the flats, four have been sold on long leasehold, two are currently vacant, and one is let on an AST agreement.LocationThe property is located in a prime position in Clifton Village, which is well renowned for its Georgian architecture, rich history, and high-end retail offering. The location is one of the most affluent areas of the city of Bristol and attracts residents, business owners, students, and young professionals.For this reason, it has one of the highest house prices in the city and is therefore very popular with high-end independents and quality national operators. Such occupiers include Papersmiths, Pod, and Anna Cake Couture, with national operators Mint Velvet, Café Nero, Crew, and Tesco Express all occupying space in the locale.The location also has a strong restaurant offering, with a wide selection of quality eateries dotted around the vicinity. Such restaurant operators include Cote, The Ivy, Bosco Pizzeria, and No. 4 Clifton Village. The location also benefits from its close proximity to Clifton Downs, the picturesque houses on Royal York Crescent, Clifton Arcade, and the world-renowned Clifton Suspension Bridge.Clifton Village is also a short walk from Park Street and Clifton Triangle, which are home to Bristol University and numerous leisure occupiers based in the area. The location has good train links, with Whiteladies Road Station only a short walk from the property. There are also regular bus services from the street that link Clifton Village with the rest of the city.AccommodationAll areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.Rent / PriceWe are instructed to seek offers in the region of £1,900,000 which reflects a NIY of 6.50% after an allowance for purchaser's costs of 6.25%ServicesWe understand that mains electricity, water and private drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.EPC16 Princess Victoria Street - C (60)18 Princess Victoria Street - C (52)20 Princess Victoria Street - D (87)25 Waterloo Street - B (43)27 Waterloo Street - C (57)Legal FeesEach party to be responsible for their own legal fees in relation to this transaction.VATThe property has been elected for VAT and therefore VAT will be charged on the price.