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Powerhouse & Podville, Great Park Road, Bradley Stoke, Bristol, Avon, BS32 4RU
Guide Price* : £2,500,000 plus
MIXED USE INVESTMENT SCHEME
- Freehold Mixed Used Investment
- Investment Producing £330,530 Per Annum
- Total lettable area of 1,937.96 (20,860 sq ft) NIA
- Potential for further development for an additional building (STP)
Description
Powerhouse
The subject property comprises a two storey hybrid building providing a mix of office and nursery accommodation with a total Net Internal Area of approximately 13,180 sq ft.
The property is split into two sections: one occupied by Childcare Corporation and the other known as The Powerhouse.
Units 1 - 4
The offices have recently been refurbished, comprising industrial style open plan accommodation ranging from approximately 1,200 sq ft to 2,900 sq ft. Each suite benefits from its own entrance.
Unit 1 comprises a single floor plate at first floor level providing a kitchenette, WC facilities and showers. Units 2 to 4 are arranged over two floors, each incorporating a kitchenette and WC facilities on both levels including a disabled WC at ground floor, first floor access is provided by an operational lift.
Podville
Podville provides 14 high specification offices constructed from upcycled shipping containers. Two pods have been allocated to communal facilities including WCs, showers, kitchen, breakout areas and a meeting room while the remaining 12 pods provide office accommodation.
Externally, the property benefits from secure cycle storage and ample parking provisions.
Location
The property is situated within Bradley Stoke, a well established commercial and residential area in South Gloucestershire, approximately 7 miles north of Bristol city centre. Great Park Road forms part of a modern business park environment, providing convenient access to a range of local amenities including cafes, gyms, and retail facilities.
The location benefits from good connectivity, with Junction 16 of the M5 and Junction 20 of the M4 both within close proximity, offering direct links to the national motorway network. The A38 runs nearby, providing easy access to Bristol city centre and the wider region.
Public transport is readily available, with local bus services operating throughout Bradley Stoke and connecting to Bristol Parkway railway station, which is approximately 3 miles away and offers frequent services to London, Cardiff, and other major destinations.
Tenure
The properties are held Freehold interest under Title Number AV237869.
Planning
Potential to further develop the site with plans drawn up for an additional building (STP).
Planning Authority
South Gloucestershire Council - www.southglos.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
Unit 1 - D:87
Unit 2 - D:98
Unit 3 - E:110
Unit 4 - C:75
Day Nursey - B:47
The pods are exempt from EPC requirements.
Accommodation
| Address | Tenant | Floor | Use | Sq M | Sq F | Lease Terms | Rent £ pa | Rent Review |
|---|---|---|---|---|---|---|---|---|
| The Powerhouse | The Child Care Corporation |
Ground | Day Nursery | 603 | 6,478 | 25 years from 01/11/2014 |
Rent 01/11/2024 – 30/11/2026 - £96,000 Rent 01/11/2026 – 30/11/2027 - £106,887 Rent 01/11/2027 – 30/11/2028 - £110,126 Rent 01/11/2028 – 30/11/2029 - £116,604 |
01/11/2029 |
| The Powerhouse | Ignitec | First | Office 1 | 265 | 2,852 | 5 years from 21/06/2024 |
£47,058 | 20/06/2027 with Break Option 20/06/2027 |
| The Powerhouse | Fox Collective | Ground & First | Office 2 | 131 | 1,412 | 5 years from 01/06/2024 |
£25,416 | 31/05/2027 with Break Option 31/05/2027 |
| The Powerhouse | Logiq | Ground & First | Office 3 | 113 | 1,219 | 5 years from 25/03/2025 |
£21,942 Rent increases to £22,551.50 in yrs 4 & 5 |
Break Option 24/03/2028 |
| The Powerhouse | Vacant | Ground & First | Office 4 | 113 | 1,219 | |||
| Podville | Logiq | Pod 1&2 | 01/04/2025 to 31/03/2028 | £18,000 | Tenant break end of year 2 Rent increases to £18,700 in year 3 |
|||
| Podville | Talent Boutique | Pod 3 | 01/09/2025 to 31/08/2027 | £10,200 | Break clause at 12 and 18 months | |||
| Podville | Deborah Rose | Pod 4 | 31/10/2025 to 30/10/2026 | £10,200 | Tenant can break with 2 months notice | |||
| Podville | WTO Ltd | Pod 5 | 01/02/2026 to 31/01/2027 | £10,200 | ||||
| Podville | Ortel Ltd | Pod 6 | 01/04/2025 to 31/03/2026 | £10,200 | ||||
| Podville | Private Individual | Pod 7 | 01/04/2025 to 31/03/2027 | £10,200 | Tenant can break with 2 months notice | |||
| Podville | Loqiq Consulting | Pod 8 | 01/04/2025 to 31/03/2028 | £10,200 | Tenant break option on 31/03/26 and 31/03/27 | |||
| Podville | Private Individual | Pod 9 | 01/02/2026 to 31/01/2027 | £10,200 | ||||
| Podville | Survey Supplies | Pod 10 | 01/02/2026 to 31/01/2027 | £10,200 | ||||
| Podville | Kitchen Den | Pods 11 & 12 | 01/01/2026 to 31/12/2028 | £10,200 | Tenant break option at the end of Year 1, with one month rent free from 01/01/26 to 01/02/26 | |||
| TOTAL | £120,000 |
Contact
Joint auctioneers
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
** If you take up this service, Dynamo may pay a referral payment of up to 20% of the procuration fee received by Dynamo from the relevant lender on completion of the mortgage to us. This is not paid by you and has no impact on the service provided. Dynamo is a trading name of Dynamo Mortgages Limited, which is part of the same group of companies as Lambert Smith Hampton, owned by Connells Limited.
If you take up this service you will agree your own separate contract with Dynamo, and Lambert Smith Hampton is not responsible for the accuracy, quality or suitability of any advice, recommendations or services provided to you.
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Legal Documents
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