Property photos
Freehold
Guide price
£1,400,000
(£199.57/sq. ft)
Property for sale
St. James's Parade, Bath BA17,015 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Bath Spa 0.2 miles
- Bath Academy 0.3 miles
- Widcombe CofE Junior School 0.4 miles
- Oldfield Park 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bath to find out more about the local area.
Features and description
- Freehold
- EPC reports for the properties are available upon request
Freehold investment / development opportunity
Mixed-Use Freehold Investment-Grade II Listed: Comprising commercial units and residential flats, offering a balanced income stream with strong tenant demand.
Asset Management Opportunities: Potential for refurbishment to enhance rental income, particularly with the redevelopment of nearby areas pending.
Current Passing Rent:
Commercial Element: £51,500 per annum
Residential Element: £48,300 per annum
(one vacant flat awaiting works)
Total Passing Rent: £99,800 per annum
Estimated Rental Value (whole):£128,500 (One retail unit subject to renewal)
Guide Price: £1,400,000+ Reflecting a Net Initial Yield of 6.72% after deducting purchase costs of 6.05%.
Attractive Yield Potential: Opportunity to increase income through active asset management and benefit from the regeneration of the surrounding area.
This property presents an opportunity to acquire a well-located mixed-use investment in one of the UK's most desirable and resilient property markets, opposite a major redevelopment site.
Mixed-Use Freehold Investment-Grade II Listed: Comprising commercial units and residential flats, offering a balanced income stream with strong tenant demand.
Asset Management Opportunities: Potential for refurbishment to enhance rental income, particularly with the redevelopment of nearby areas pending.
Current Passing Rent:
Commercial Element: £51,500 per annum
Residential Element: £48,300 per annum
(one vacant flat awaiting works)
Total Passing Rent: £99,800 per annum
Estimated Rental Value (whole):£128,500 (One retail unit subject to renewal)
Guide Price: £1,400,000+ Reflecting a Net Initial Yield of 6.72% after deducting purchase costs of 6.05%.
Attractive Yield Potential: Opportunity to increase income through active asset management and benefit from the regeneration of the surrounding area.
This property presents an opportunity to acquire a well-located mixed-use investment in one of the UK's most desirable and resilient property markets, opposite a major redevelopment site.
More information
Listed by
Carter Jonas - Commercial - BS8
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