ADDRESSCrown House, 37-41 Prince Street, Bristol, BS1 4PS
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON2nd April 2025
Description
Crown House is a former office building converted into residential accommodation above a ground floor and basement restaurant.
The property underwent a complete refurbishment and conversion in 2015.
The building comprises eight storeys with six residential floors comprising a mixture of studios, en-suites and duplexes totalling 59 beds.
The units vary in size from 12.9 sqm to 28 sqm and are fully let for 2024/25 with 63% international students.
The building achieved 100% occupancy in March 2024 for the 2024/25 academic year.
The commercial space comprises a restaurant with a demise of the ground and basement. The restaurant is let to Bristol Restaurant Group Limited with Youngs & Co's Brewery PLC as guarantor since their acquisition of City Pub Group PLC in March 2024. The unit trades as Muse Brasserie which also has a restaurant in Cheltenham.
Location
Location:
Crown House, 37-41 Prince Street, Bristol, BS1 4PSGBBristol CityBS1 4PSPrince Street