Westpoint Court, Bristol

Published 5th September 2013

Westpoint Court, Bristol

Property-Modern, multi-let offices
Floor Area-18,000 sq ft
Purchase Price-c. £2m
Claymore Role-Acquisition, co-investment & asset management

Claymore has acquired Westpoint Court in its Sivana Investments business space vehicle, backed by Hong Kong based private equity.  The property is superbly located less than 1 mile from the M4/M5 interchange, 5 miles north of Bristol city centre.  

Westpoint Court provides high quality AC offices let to 3 tenants on leases expiring in 2021 at an annual rental of £291,000.

The investment provides a net initial yield of 14% at a capital value of just £110/sq ft.

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