Commercial For Sale

High Street Weston, Bath BA1.

Guide Price £99,500

Key features

  • Leasehold 999 years

  • Ground floor A1/A2 retail premises

  • Parking area at front of the property

  • 420 sq. ft / 39 sq. meters

  • No Stamp Duty

  • Tenanted with rental income £7200 per year

  • Net yield 7.3%

Overview

Tenure:
Leasehold
Asking Price:
£99,500

*INVESTMENT OPPORTUNITY*

LOCATION:

The World Heritage City of Bath offers a wider range of shopping, sporting and leisure facilities including fine restaurants, galleries, Bath Spa, The Theatre Royal, Bath Abbey. The property is situated in a good trading position within High Street, Weston, Bath.

PROPERTY:

The property comprises a modern building unit with A1/A2 use class consent. The sales area is over ground floor and has a large shop frontage. To the rear there is an office, kitchen and WC facilities. 

TENURE:

Leasehold 999 years from 01/01/1980.

LEASE:

5 years from 01/11/17, rent review is due on 01/11/20.

INCOME:

Rental income £7,200 per year. No Stamp Duty. Net yield 7.3%

Extra Information

  • Property Age: 15 years
  • Council tax band: E (£1200.00 Per Annum)
  • Chain position: No chain
  • Double Glazing: Throughout
  • Heating: electric
  • Lease info: 984 years remaining
    Ground rent: £50.00 Per Year
    Maintenance: £250.00

EPC

Floor Plan

Property location

Local Area (within 1 kilometre)

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