Acuitus · 29 Oct 2026 · in 10 days
Central Bristol Office Opportunity
3 Queens Square, Bristol, BS1 4JQ · South West
LiveOfficeLeaseholdVacant
- Guide
- £400,000
- Rent a year
- ≈£40,800est.
- Yield on the guide
- ≈10.2%est.
- Payback
- ≈9.8 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- D
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
D from the government EPC register, lodged 22 Feb 2022 (certificate 4992-0365-6040-7189-0178). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Acuitus' record
Acuitus' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold office lot in Bristol. Offered vacant, so there's no income from day one.
Central Bristol Office Opportunity. Attractive Self-Contained Georgian Office Building. Prominent Position Overlooking Queen Square. Situated in a Well-Established Office Location. Active Management Opportunity and possible Conversion to Residential, Subject to Consents. The Galleries, Cabot Circus and Broadmead shopping areas within a short walk. Nearby occupiers include KPMG, Sainsbury’s Local, Tesco Express, Pret A Manger and Greggs. The property comprises an attractive self-contained office building with Office Accommodation on the ground floor and three upper floors and ancillary accommodation in the basement. The property does not appear as Listed on the Historic England website and may be suitable for conversion to residential, subject to consents. The historic City of Bristol is a major commercial centre in the South West of England, benefiting from excellent road communications connecting Bristol with London and South Wales. The City is very popular University City with some 70,000 students across the University of Bristol and The University of the West England (UWE). The property is prominently situated on the north side of Queen Square, an attractive and well-established office location. Bristol Harbourside lies immediately to the south and provides a vibrant waterside destination with a wide range of restaurants, cafés and bars. Also within a short walk of the property is the pedestrianised Broadmead shopping area, The Galleries Shopping Centre with some 70 retail units and Cabot Circus. The property benefits from Prince Street and The Grove car parks nearby with over 415 spaces in total. Nearby occupiers include KPMG, Sainsbury’s Local, Tesco Express, Pret A Manger and Greggs. Tenure: Long Leasehold. Held from the City of Bristol for a term of of 125 years from 9th September 1988 until 2113 at a current rent reserved of £1,535 per annum exclusive. The lease provides for the rent to be reviewed on 9th September 2028 and every 5th year to 5% of the Open Market Rental Value.
Figures come from Acuitus' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.