Historic Bristol shopping centre goes up for sale

Its a 'rare opportunity to own an historic Arcade in Bristol’s most affluent suburb'

An historic Bristol shopping centre has gone on the market.

Situated in one of Bristol's most upmarket areas, Clifton Village, the shopping complex is being sold for £4.6 million.

The grade II-listed Victorian Clifton Arcade, advertised for sale on Rightmove in the past week, was last brought to market in 2020, with a guide price of £4.5 million.

And now potential buyers have been given another opportunity to get their hands on the historic building, which comes complete with two shop/cafe premises fronting Boyce’s Avenue.

As well as 16 speciality independent occupiers on the ground floor, plus a vibrant mix of a further 17 boutique studios at first and second floors.

The arcade also produces a tempting 'day-one net income' of £420,924 per year, including vendor top up.

Clifton Arcade is steeped in history. It was originally known as Kings Clifton Bazaar and Winter Garden and first opened in 1878.

The impressive development was built by Joseph King, a self-taught architect, entrepreneur and builder.

Property agent Hartnell Taylor Cook says: "The Clifton Arcade is a beautifully restored Victorian gem and home to a vibrant mix of independent boutiques and artisan markers. Its glass roofed charm and creative community is a real discovery

"The Arcade has been owned and run by the current owners for over 30 years and as a result there are a number of efficiencies and improvements which can be made.

"These include refining the running costs, enhanced marketing and alternative leasing structure (rents, term length and repairs). There is an opportunity to enhance branding and in particular increase the digital profile with cohesive social media strategy implemented.

"These initiatives will enhance what is already a unique building. The Arcade is Clifton ’s only option to start or develop small business activities on a flexible basis but in a stimulating incubator hub."