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