Verified listing
Share:

New Best in Class (NZC) Office Sale

Bristol, United KingdomUnlock address

78%

£116.000.000

Office

#34567

Core

29 May 2024

Property Details

Broker

For sale

200,000 sq.ft.

18,580 m²

Leasable area

580 £/sq.ft.

6,243 £/m²

6.35 %

1

Freehold

X

Fees

0.00 %

0.20 %

0.00 %

0.20 %

Investment Overview

An award winning, truly best in class asset offering the complete package . A fully futureproofed building – assets of this quality cannot be built today. Set Bristol’s prime rent 4 times already providing unparalleled reversionary potential. 83% pre-let prior to completing demonstrating strong leasing velocity. Core income profile with a WAULT of 8.9 years to breaks, 10.0 years to expiries. Available to acquire at c.125bps discount to the average prime regional office yields and c.250 bps from current Central London yields