2 New Bond Street Buildings, Bath, BA1
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
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
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
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