& 8 Queen Square, Bath, BA1
Description
Investment Summary:
The unit comprises offices, retail and hotel use over 5 floors providing a mix of income from various sources.
Bath is a UNESCO World Heritage Site and is an internationally renowned tourist destination attracting almost 5 million tourists a year.
Northumberland Buildings fronts Wood Street, just off Queen Square within the heart of Bath City Centre. The area provides a mix of offices, restaurants and central shopping with renowned Milsom Street immediately to the east, home to many retailers including Waterstones, Me & Em, Hobbs, Whistles and Knoops. There are also nearby hotels and residential properties.
Prominent corner position on central Georgian terrace.
Grade II* Listed.
Highly sought after location.
Total passing rent: £68,666 per annum (one floor vacant-ERV when fully let £81,666)
Guide price: £925,000
Net Initial Yield: 7% with scope when fully let for 8.4%
Bath is an attractive historic city, famous worldwide for its impressive architecture and Roman Baths. The city has been designated by UNESCO as World Heritage Site and is an internationally renewed tourist destination, attracting almost 5 million tourists per annum.
Features at a glance
- Mixed Investment Opportunity
- Grade II* Listed
- Guide Price: £925,000
- Offices, retail & hotel use - 5 floors
- Bath is a UNESCO World Heritage Site
Location
Key property details
- Property type(s)
- Investments (Offices and Labs) Investments (Retail, Leisure & Hotels)
- Tenure details
- To be advised £925,000 Guide price
- Property agent(s)
- Philip Marshall Aerin Thomas
- Carter Jonas reference
- 20020060
Description
Investment Summary:
The unit comprises offices, retail and hotel use over 5 floors providing a mix of income from various sources.
Bath is a UNESCO World Heritage Site and is an internationally renowned tourist destination attracting almost 5 million tourists a year.
Northumberland Buildings fronts Wood Street, just off Queen Square within the heart of Bath City Centre. The area provides a mix of offices, restaurants and central shopping with renowned Milsom Street immediately to the east, home to many retailers including Waterstones, Me & Em, Hobbs, Whistles and Knoops. There are also nearby hotels and residential properties.
Prominent corner position on central Georgian terrace.
Grade II* Listed.
Highly sought after location.
Total passing rent: £68,666 per annum (one floor vacant-ERV when fully let £81,666)
Guide price: £925,000
Net Initial Yield: 7% with scope when fully let for 8.4%
Bath is an attractive historic city, famous worldwide for its impressive architecture and Roman Baths. The city has been designated by UNESCO as World Heritage Site and is an internationally renewed tourist destination, attracting almost 5 million tourists per annum.
Features at a glance
- Mixed Investment Opportunity
- Grade II* Listed
- Guide Price: £925,000
- Offices, retail & hotel use - 5 floors
- Bath is a UNESCO World Heritage Site
Location
Key property details
- Property type(s)
- Investments (Offices and Labs) Investments (Retail, Leisure & Hotels)
- Tenure details
- To be advised £925,000 Guide price
- Property agent(s)
- Philip Marshall Aerin Thomas
- Carter Jonas reference
- 20020060