retail high street
Ref 13646

7-8, Stall Street

BA1 1QE Bath

To buy£4,350,000
Size8,455 ft² / 785 m²
Initial yield5%

Description

Prime High Street Reversionary Retail Opportunity

Investment Summary

  • •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

Energy rating

Energy rating D

Location and Transport