For Sale

1 New Bond Street Buildings & 21 Green Street, Bath, BA1 1BL

Overview

Commercial
Property Type

3028 - 3028
sq ft

Description

Location

Bath Retail Investment Opportunity.

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.
- New Bond Street Buildings is one of the busiest and upmarket streets in Bath, with nearby retailers including Aesop, Space NK, Jo Malone, Watchhouse Cafe, Kiehl's and Anthropologie.
- The property offers the opportunity to re-develop the upper floors - subject to planning.
- Highly sought after location by fashion led retailers.

- Total passing rent: £87,500.00 per annum.
- Guide price: £1.2 million.
- Net Initial Yield: £6.90% after allowing for usual purchase 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 almost 5 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.

Bath is located 100 miles (160 kilometres) from central London, with direct access from Bath Spa Railway Station with an average journey time of 90 minutes. Bristol is approximately 14 miles away with an average journey time of 11 minutes.

The property is located on New Bond Street Buildings at the foot of Milsom Street.

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