Asking Price S$7,450,000
Sq. Footage 6,669
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1890
Tenure Type Leasehold
Lot Size 6,669 ACRES

Property Description

The property is an attractive sand stone period property, based over basement, ground, first and second floors.

The ground floor offers a fully glazed double fronted and well configured rectangular unit mainly used as sales.

With the basement and first floor comprising of ancillary accommodation. On the second floor there are two,

3 bedroom flats that both have access to an internal courtyard.

The property is Grade II listed.

Investment Highlights


• Bath is considered to be one of the UK’s best retail destinations

• Bath is a UNESCO World Heritage Site and an internationally renowned tourist destination attracting more than

4.8 million tourists in 2017

• 100% prime pitch in the heart of Bath’s retailing centre

• Mixed-use asset comprising retail and residential

• A rare double-fronted unit, offering a wide and fully glazed display directly on to the pedestrianised Stall Street

• Let to a strong national covenant with 3.5 years remaining

• Total gross rent of £272,800 per annum, with a net rent of £231,880 per annum

• Outstanding rent review currently being negotiated with the tenant

• Reversionary asset, offering excellent opportunities for rental growth

Christopher Robinson
Christopher Robinson
Director
Alex Cousins
Alex Cousins
Senior Surveyor

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