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2 New Bond Street Buildings, Bath, BA1

£995,000 Guide price
Tags:
  • Sold STC

Get In touch

Bristol

Call 01179 221222
Property type
Investment
Internal size
1,808 sq ft
168 sq m
Tenure
Freehold

Description

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.

Location

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Key property details

Property type(s)
Investments (Retail, Leisure & Hotels)
Tenure details
Freehold £995,000 Guide price
Property agent(s)
Tim Brooksbank Philip Marshall Aerin Thomas
Carter Jonas reference
20018584