PROPERTIES

4/5 Quiet Street and 2&3 John Street, Bath BA1 2JS

Price£1,961,000

PDF DETAILS

4/5 Quiet Street and 2&3 John Street, Bath BA1 2JS

  • Income£188,500
  • Yield9%
  • SectorHigh Street Retail
  • StatusUnder Offer
PDF DETAILS

High Yielding Retail Investment in the Centre of Bath

Summary

  • Located in the affluent, historical Cathedral City of Bath.
  • Bath is one of the UKs strongest retailing locations.
  • Three self-contained retail units situated on Quiet Street and John Street, in the heart of Bath City Centre.
  • AWULT to expiry of approximately 5.37 years.
  • Total net income of £188,500 per annum.
  • Long leasehold from Bath City Council for a term of 125 years from 23rd December 1993 (101 years remaining) at a fixed rent of £1,000 per annum.
  • Offers in excess of £1,961,000 subject to contract and exclusive of VAT
  • Net initial yield of 9% after allowance for purchaser’s costs of 6.26%.