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10 St James Para 1,185 sq ft 100% Let Retail Property Bath BA1 1UL £400,000 (£337.55/sq ft) 6.55% Net Initial Yield
Investment Highlights
- Freehold and fully let mixed use investment comprising a commercial unit and a studio apartment.
- Long unexpired term on the commercial lease
- Potential to increase income from retail and residential elements
- Occupying a prime position on St James Parade in the heart of Bath
- Studio Flat in sought after area
Executive Summary
The property comprises an attractive mid-terrace period building with stone elevations, arranged over lower ground, ground, first and second floors. The lower ground
floor and ground floor comprise a self-contained commercial unit with rear access for loading from the car park which is accessed from Corn Street at the rear. The upper floors comprise residential flats, all of which have been sold off on 999 year long leases, except a studio apartment at first floor level which is retained and let out on
an AST.
floor and ground floor comprise a self-contained commercial unit with rear access for loading from the car park which is accessed from Corn Street at the rear. The upper floors comprise residential flats, all of which have been sold off on 999 year long leases, except a studio apartment at first floor level which is retained and let out on
an AST.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,185 sq ft
Costar Property Class
C
Year Built
1875
Price
£400,000
Price per sq ft
£337.55
Yield
6.55%
NOI
£26,200
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Frontage
20 ft on St James Para
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Presented by
10 St James Para
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