1-2 The Shambles, Bradford-on-avon
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- High Yielding Retail Investment
- Two Retail Units and Upper Parts
- Fully Let to Two Tenants
- One Tenant Holding Over - Asset Management Potential Via Renewal
- 1,851 sq ft (172 sq m)
- High Footfall Pedestrianised Street
- VAT-Free Investment
- Investment Let at £28,550 p.a. (15% GIY on Guide Price)
Description
Arranged as two ground floor retail units with ancillary upper parts and associated outbuildings, the property is fully let to two tenants producing a combined rent of £28,550 per annum.
No. 1 comprises a ground floor retail unit with an outbuilding to the rear and is let to a tenant trading as a book shop on a lease which expired 10.08.2021 and paying £13,850 per annum. We understand the tenant is continuing to occupy the premises and pay rent, and is therefore holding over, we consider the property offers asset management potential via renewal of the lease and improvement of rent, with the last rent review being 2018.
No. 2 comprises a ground floor retail unit and the upper parts and is let to Dorothy House Hospice Care on a 10 year lease expiring 28.09.2027 and paying £14,700 per annum.
The property benefits from a prominent frontage to The Shambles, a key pedestrian thoroughfare connecting the principal retail streets of Market Street and Coppice Hill/Silver Street. The property therefore forms part of the retail heart of Bradford-on-Avon, a picturesque and affluent market town popular with tourists.
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
Unclassified
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Brochure
1-2 The Shambles, Bradford-on-avon
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