For Sale

2 New Bond Street Buildings, Bath, BA1 1BL

Overview

Commercial
Property Type

1808 - 1808
sq ft

Description

Location

Rare Freehold Retail Investment.

INVESTMENT SUMMARY
- Bath is considered one of the UK's best retail destinations and has recently been ranked the top destination in the world to visit in the Times New York Magazine.
- Bath is a UNESCO World Heritage Site and is an internationally renowned tourist destination attracting almost 5 million tourists a year.
- 2 New Bond Street Buildings is Grade II Listed situated in the prime retail destination of Bath.
- Recently let to Cambridge Satchel on a 10 years lease with breaks at the 3rd* and 5th anniversary. (*break penalty of 3 months if exercised)
- Full repairing and insuring lease.
- 2 New Bond Street is arranged over basement, ground, first, second and third floors.
- Nearby occupiers include Whistles, Aesop, Coppa Club, Kiehls, Jo Malone, The Watchhouse, EM and Astrid & Miyu.

- Total passing rent: £60,000 per annum.
- Guide price: £995,000.
- Reflects NIY 5.7% after purchasers costs.

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 more than 4.8 million tourists per annum.

The city 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 and West Midlands. The City of Bristol is situated approximately 13 miles north west of Bath and can be accessed via the main A4 highway which ultimately links Bath with Bristol.

The property is located on New Bond Street Buildings at the foot of Milsom Street. New Bond Street Buildings is located within one of Baths busiest thoroughfares with Old Bond Street, New Bond Street, Milsom Street, Green Street and Barton Street all within close proximity.

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