Commercial Properties For Sale in Lyncombe Vale, Bath, Somerset
Paid partnerships can play a role in listing order
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The premises comprise a Grade II Listed mid-terrace period retail unit with a double frontage on Trim Street and Upper Borough Walls. The premises benefit from open plan retail accommodation on ground floor with a single WC, kitchenette facilities and ancillary storage at lower ground floor level. PLANNING The property is considered to have planning consent under Use Class E (Commercial, Business & Service) of the Town & Country Planning Act (Use Classes Order) 2020. Interested parties are advised to make their own planning enquiries with the local planning authority, Bath and North East Somerset Council.
- Double Fronted Ground and Basement Retail Premises
- Let to 12 Trim Street Ltd until 21st September 2030
- £350,000 for the Freehold Interest
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13 Trim Steet comprises an attractive, Grade II Listed, mid-terrace building arranged over basement, ground, first and second floors. Internally, the property can be accessed both from the shop front and rear courtyard that leads into the ground floor sales area. The basement and upper floors provide ancillary accommodation with WC facilities on basement and second floor levels. There is a covered, flat roof garden which could be opened up or could potentially be built over, subject to the necessary consents.
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Investment Summary: The unit comprises offices, retail and hotel use over 5 floors providing a mix of income from various sources. Bath is a UNESCO World Heritage Site and is an internationally renowned tourist destination attracting almost 5 million tourists a year. Northumberland Buildings fronts Wood Street, just off Queen Square within the heart of Bath City Centre. The area provides a mix of offices, restaurants and central shopping with renowned Milsom Street immediately to the east, home to many retailers including Waterstones, Me & Em, Hobbs, Whistles and Knoops. There are also nearby hotels and residential properties. Prominent corner position on central Georgian terrace. Grade II* Listed. Highly sought after location. Total passing rent: £68,666 per annum (one floor vacant-ERV when fully let £81,666) Guide price: £925,000 Net Initial Yield: 7% with scope when fully let for 8.4% Bath is an attractive historic city, famous worldwide for its impressive architecture and Roman Baths. The city has been designated by UNESCO as World Heritage Site and is an internationally renewed tourist destination, attracting almost 5 million tourists per annum.
|1/1213 Trim Steet comprises an attractive, Grade II Listed, mid-terrace building arranged over basement, ground, first and second floors. Internally, the property can be accessed both from the shop front and rear courtyard that leads into the ground floor sales area. The basement and upper floors provide ancillary accommodation with WC facilities on basement and second floor levels. There is a covered, flat roof garden which could be opened up or could potentially be built over, subject to the necessary consents.
1/8The premises comprise a Grade II Listed mid-terrace period retail unit with a double frontage on Trim Street and Upper Borough Walls. The premises benefit from open plan retail accommodation on ground floor with a single WC, kitchenette facilities and ancillary storage at lower ground floor level. PLANNING The property is considered to have planning consent under Use Class E (Commercial, Business & Service) of the Town & Country Planning Act (Use Classes Order) 2020. Interested parties are advised to make their own planning enquiries with the local planning authority, Bath and North East Somerset Council.
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Leasehold Restaurants, Fully-licensed Bath restaurant near city centre landmarks, Ground and basement venue with external covers, Fitted commercial kitchen with extraction system, Low passing rent and nearly 20yr unexpired lease term, Premium for fixtures, fittings and goodwill
