Hartnell Taylor Cook - Offices Sale - Bristol

Date: 01 Sep 1998

Hartnell Taylor Cook, acting on behalf of Ricardo Properties Ltd, has sold an office investment in Chipping Sodbury, Bristol, to clients of Vail Williams for £1,811,000. This reflects an initial yield of 10.57%

The prominent property, situated at Bowling Hill, Chipping Sodbury, comprises an office building of 2,251.80 sq. m (24,239 sq. ft) together with on-site parking for 130 cars.

The offices are let to the South Gloucestershire District Council on a lease with eight years unexpired at a rental of £200,599 p.a., subject to a review in 2001

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