Cooper Rose and Smith Coley have been instructed to market the freehold of this property, a superb opportunity to acquire a prime retail investment in Bath at a historically low price:
• Bath - one of the most attractive cities in the UK
• Prime trading position on the western side of the pedestrianised Union Street
• Substantial retail property totalling 2,399 sq ft
• Let on a new 10 year lease (break at year 5) at a re-based rent to Mr Simms Bath Ltd
• Total current income: £65,000 per annum
• Future potential for the redevelopment of the upper floors (STPP)
• Price: £1,000,000, subject to contract and exclusive of VAT
• Net Initial Yield: 6.15%
Contact Giles Cooper or Andy Smith
