Bristol Business Park property sold for almost Â£1m
A property at Bristol Business Park has been sold for almost £1m.
A client of F&C REIT Asset Management sold 310 Bristol Business Park to a private property company for £950,000. The 6,027 sq ft detached office building, built in 1998, is located five miles north of the city centre and close to junction one of the M32.
The entire ground floor of the two-storey property is let to Radius (Europe) for £53,802 a year and the first floor is vacant.
The freehold has been purchased by a client of ET Parker (Management) at a price reflecting a capital value of £158 per sq ft.
Hartnell Taylor Cook advised F&C, while ET Parker (Management) advised the buyer.