Bristol City Council Puts Historic Hotwells Property Up For Sale After 70 Years
Leading commercial property consultancy Hartnell Taylor Cook has today announced that 2-10 Jacob’s Wells Rd and 107-141 St George’s Rd is being brought to market on behalf of client Bristol City Council for the first time in 70 years.
Built in the early 20th century and located in the central residential district of Hotwells, this attractive unbroken parade of 21 individual assets is seeking offers in excess of £2.2 million. Offering the chance to acquire a rare mixed residential-commercial investment, the terraced property is a unique opportunity tucked in the heart of one of Bristol’s most desirable neighbourhoods.
The property comprises at least 20,038 sq. ft. NIA, an impressive space split between residential and commercial properties. With properties predominantly laid out across ground and two upper floors, the terrace contains commercial spaces on the ground floor with residential and office spaces situated above. This includes 2 public houses as well as office, residential and empty units, in varying states of repair and decoration, presenting an exciting chance to refurbish or let vacant properties, convert upper parts to residential where appropriate, pursue redevelopment opportunities or even to sell off freeholds individually.
The terrace is located opposite the bustling Harbourside, a mixed-use area filled with high-quality residential, office, and leisure properties alongside cultural and tourist sites such as the SS Great Britain and We The Curious Science Museum. Lush greenspace is just a stone’s throw away with Brandon Hill situated just behind, and retail options abound with Queens Road around the corner. It is situated just one mile from the city centre and amidst other key locations such as the City of Bristol College, Bristol Central Library, Bristol Cathedral, and the Headquarters of Bristol City Council.
Transport links are also plentiful with immediate links to South Bristol (Brunel Way), Junction 18 of the M5 motorway (The Portway) and the City Centre/ M32 via Anchor Road (A38).
Commenting on the sale, Ian Lambert, Investment Partner at Hartnell Taylor Cook said:
“We’re excited to bring this handsome parade to market for the first time in nearly three quarters of a century. Positioned right in the heart of one of Bristol’s most vibrant neighbourhoods, the property offers a first-rate investment opportunity. Surrounded by residential, commercial, leisure, and public spaces, this offers a purchaser the chance to upgrade and reposition these properties and we look forward to seeing its full potential realised.”
