Rare Freehold Industrial Opportunity in Central Urban Location

 

Summary

  • Rare Freehold Industrial Opportunity in Central Urban Location
  • 60,769 sq ft of industrial warehouse accommodation plus 47,920 sq ft of mezzanine
  • Self-contained site extending to approximately 2.65 acres
  • Urban location in Bedminster, approximately 1 mile south of Bristol City Centre
  • Approximately 1 mile from Bristol Temple Meads Station
  • Existing income producing asset generating £130,000 per annum exclusive
  • Let on flexible 3 year lease, contracted out of the Landlord & Tenant Act 1954
  • Ability to secure vacant possession on 6 months notice
  • Suitable for owner occupation, investment, urban logistics, trade counter, self-storage, manufacturing and alternative commercial uses, subject to planning.

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground - Warehouse 47,383.10 4,402.03 Available
Ground - Office 1,455.60 135.23 Available
Ground - Rear Store 4,877.20 453.11 Available
Ground - Loading Area 4,359.70 405.03 Available
Mezzanine - Mezzanine 41,308.80 3,837.71 Available
1st - Office and Kitchen 2,693.40 250.23 Available
1st - Rear Storage 5,028 467.12 Available
1st - Loading Mezzanine 1,583.50 147.11 Available
Total108,689.3010,097.57
Willway Street, Bedminster - Eighty_Savills_WilwaySt_20260828_0558.jpg

Location

The property occupies a prominent position on Willway Street within the established South Bristol suburb of Bedminster, approximately one mile south of Bristol City Centre.
The location benefits from excellent access to Bristol’s labour pool, amenities and transport infrastructure, with Bristol Temple Meads Station situated approximately one mile to the north-east.
The property is strategically positioned to serve Bristol city centre and the wider conurbation, making it highly suitable for a range of industrial, logistics, storage and commercial occupiers.
Industrial opportunities of this scale and nature within close proximity to Bristol city centre are exceptionally rare, particularly on a substantial self-contained site.

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Further Information

Price Price on application

Rates Payable The building has now been rated based on its current multi-tenanted use and split demises, but when last rated as one building in 2023 it was given a £232,000 Rateable Value. Interested parties are advised to make their own enquiries with the Valuation Office Agency

Service Charge n/a

Estate Charge n/a

EPC Rating This property has been graded as D (98)


Description

A substantial detached warehouse facility of predominantly 1970s construction, incorporating brick and profile metal cladding elevations beneath a pitched asbestos sheet roof with translucent rooflights throughout. Formerly occupied by Park Furnishers, the building provides extensive warehouse and ancillary accommodation together with a substantial mezzanine floor reflecting its longstanding use as a furniture showroom and distribution facility.
A modern rear extension provides enhanced loading and servicing facilities, including a dedicated loading yard with three full-height loading doors. The secure, self contained site benefits from extensive parking and gated access. Whilst the existing mezzanine provides significant additional floor area, its removal would create a more conventional open-plan warehouse configuration suited to a wide range of industrial and logistics occupiers.

Viewings

Please contact sole agents, Savills

Jack Davies - jack.davies@savills.com - 07901 853 503
Chris Birakos - chris.birakos@savills.com - 07980 682 802

Terms

The property is available freehold, subject to the existing occupational tenancy which can be terminated on 6 months’ notice to obtain vacant possession.

Flexible Tenancy

The property is currently let to Meanwhile Creative.
• The Lease is currently being renewed on the following terms, subject to contract:
• Three-year lease term.
• Contracted out of the security of tenure provisions of the Landlord & Tenant Act
1954.
• Rolling mutual break option exercisable on six months’ written notice.
• Passing rent of £130,000 per annum exclusive.
Further tenancy documentation is available upon request.

Planning

The property has a long-established history as a furniture warehouse, showroom and distribution facility, most recently occupied by Park Furnishers. It is currently occupied in part by Meanwhile Creative, providing flexible workspace for a range of small businesses and creative occupiers, demonstrating the building’s adaptability and ongoing employment use. Situated within the Whitehouse Street Regeneration Area, the property is well
placed to benefit from significant investment in the surrounding area, including new commercial development, public realm improvements and enhanced connectivity, further strengthening the appeal of this established urban location.

Business Rates

The building has now been rated based on its current multi-tenanted use and split demises, but when last rated as one building in 2023 it was given a £232,000 Rateable Value. Interested parties are advised to make their own enquiries with the Valuation Office Agency.