Ground Floor, 6 Bladud Buildings BA1

Ground Floor, 6 Bladud Buildings BA1

546 sq ft (50.7 sq m)

Bath Spa 0.5 miles
Oldfield Park 1 miles
Hilton Hotel 0.1 miles

Long Leasehold Retail Investment for Sale.

INVESTMENT SUMMARY:
- Long Leasehold, 987 years from 20 April 1998
- Let on an IRI lease for 24 years from 01 October 2014
- 6 yearly rolling tenant only break option
- Rent review every 4 years
- Price £225,000, reflecting a net initial yield of 8.24% assuming normal purchasers costs
- Close proximity to George Street and Milsom Street
- Grade II Listed

The property comprises a Grade II Listed mid-terraced Georgian building. The property is a self contained ground floor unit with residential space above - the residential element of the building is not included.

Key Features

  • The EPC will be made available to interested parties on application.

Location

The city of Bath is accessed via the national motorway network at Junction 18 of the M4 and the A46 southbound respectively, thus providing good commuter routes to the South West, South Wales and the West Midlands.

Bladud Buildings is situated at the eastern end of George Street, close to Bath's prestigious retailing location of Milsom Street. The area has a mixture of retailers and restaurants. The immediate locality provides a range of retailers, both national and independent, including Mantra, Adventure Café, Vodka Revolution, Art Salon and Wagamama.

Key Property Details
Tenure
Freehold £225,000 Offers in excess of
Size
546 Sq Ft 50.7 Sq M
Type
Retail Investments (Retail, Leisure & Hotels)
Carter Jonas reference
20012607
Property agent
Maddie Pyles
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