A substantial commercial investment comprising a ground floor café, first and second floor office accommodation, and a pottery studio with parking at lower ground floor level (14 Colston Yard). The property is fully let, generating an annual rental income of £44,740.
The property occupies a prominent position on Upper Maudlin Street and Colston Yard, a stones throw from Bristol Royal Infirmary.
DESCRIPTION -
A substantial commercial investment comprising a ground floor café, first and second floor office accommodation, and a pottery studio with parking at lower ground floor level (14 Colston Yard). The property is fully let, generating an annual rental income of £44,740. It also offers excellent long term potential to convert the upper floors to residential accommodation, subject to obtaining vacant possession and the necessary planning consents.
LOCATION -
The property occupies a prominent position on Upper Maudlin Street and Colston Yard, a stones throw from Bristol Royal Infirmary. The location benefits from high levels of pedestrian footfall and passing vehicular traffic throughout the day and into the evening.
TENURE -
Understood to be freehold.
LETTING DETAILS -
Ground floor - Espresso Bristol - café - £22,000pa - rent review due 01/08/2028
First & second floor - SIFT - women’s support charity - £14,400pa - rent review due 01/08/2026
Lower ground floor - pottery & crafts studio - £8,340pa - rent review due 01/08/2027
Total annual rent - £44,740
BUSINESS RATES -
The rateable value for each part with effect from 2026 is:
Ground floor - £13,750
First & second floor - £9,400
Lower ground floor (14 Colston Yard) - £3,550
ENERGY PERFORMANCE CERTIFICATE (EPC) -
EPC ratings:
Ground floor - B
First & second floor - D
Lower ground floor - D
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
VAT -
All figures quoted are exclusive of VAT unless otherwise stated.
VIEWINGS -
By appointment with Maggs & Allen.
CONTROL OF ASBESTOS REGULATIONS -
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
