Investment For Sale Bath
PROPERTY ID: 124222
PROPERTY TYPE
Investment
STATUS
Under Offer
SIZE
6,060 sq.ft
Property Details
The city of Bath is renowned for its Roman history, Georgian architecture and unique retail offering providing a compelling destination for residents, visitors and businesses. The city is a popular tourist location and has a residential population of over 100,000 and annual visitor numbers exceeding 6.25 million at the last Census. Bath is served by excellent transport routes, including frequent train services to Bristol (13 miles) and London Paddington (100 miles). The city is well connected to the national motorway networks including the M4 motorway, Junction 18, located around eight miles to the north.
Mixed Use Freehold Investment & Development Opportunity In Bath City Centre. Commercial Parts Currently Generating £40,200 Pa. Residential Parts Currently Generating £28,290 Pa (flat 1 Currently Vacant). Potential Erv Of £92,490 Pa. Offers In Excess Of £1,300,000 Exclusive Of Vat. 37-38 Kingsmead Street No.37 - Ground & Basement Retail: Passing Rent £17,200 Pa. No.38 - Ground & Basement Retail: Passing Rent £23,000 Pa. Flat 1 - First Floor 3 Bed Flat Requiring Full Renovation: Erv £24,000 Pa Flat 2 - Second Floor 4 Bed Flat: Passing Rent £19,200 Pa Flat 3 - Third Floor 3 Bed Flat Passing Rent £9,090 Pa (regulated Tenancy). Interested Parties To Contact The Sole Agents At Csquared.