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. We understand the roof was replaced approximately 2 years ago.
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.
