Summary - UNIVERSAL HOUSE, PENNYWELL ROAD BS5 0ER
1 bed 1 bath Warehouse
High-capacity distribution unit with secure yard and excellent transport links.
Prominent location adjacent to M32 Junction 3
A substantial urban distribution unit on a 2.67-acre site, Universal House offers immediate motorway access at Junction 3 of the M32, making it ideal for logistics operators or occupier-investors. The detached steel portal-frame building provides 7.1m eaves, six dock-level and two ground-level loading doors, and integral two-storey offices, plus a secure yard and parking for large vehicles.
The site is offered as a leasehold (new full repairing & insuring lease) with upward-only reviews linked to market rent or CPI. Sale of the long leasehold interest may be considered; VAT may apply. The property has an EPC rating of E and a current rateable value of £212,000 — both important cost considerations for occupation.
Notable operational advantages include the low flood risk, excellent mobile and broadband connectivity, and generous external yard space (46% site coverage) suitable for HGV turning, trailer parking or external storage. The building’s concrete floor and high eaves suit heavy-duty distribution use and cross-docking operations.
Material considerations: the site sits in an area with very high recorded crime and significant deprivation which may affect staffing, security costs, insurance premiums and occupier perception. The EPC of E and potential VAT/rating liabilities should be factored into running costs. The property will suit an occupier able to manage security and operating-cost implications or an investor seeking a long-term lease arrangement.
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