27 Broad St - Storefront FOR SALE


Bath, BAS BA1 5LW
$250,000 USD
122-525-8798
27 Broad St, Bath, BAS for Sale
$250,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

27 Broad St
Bath, BAS BA1 5LW


HIGHLIGHTS

  • Long Leasehold-150 years from 6.04.1988
  • Grade II Listed
  • Recently Let-16.04.2020
  • Rent review due 16th April 2025

OVERVIEW

LONG LEASEHOLD IN CENTRAL BATH FOR SALE Potential reversionary yield of 8.77%. The long leasehold interest (150 years from 6th April 1988) is available to purchase at £250,000. Subject to contract. The property is let to two private individuals trading as Backstage Hair & Beauty for a term of 10 years from 16th April 2020 at a current passing rent of £19,000 per annum. The lease is full repairing and insuring and benefits from 5th anniversary upwards only rent reviews with the next due 16th April 2025. The lease is within the 1954 act and the tenant benefits from a break option dated 16th April 2023.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1820

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tim BrooksbankCarter Jonas LLPMore Info
122-525-8798

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Tim BrooksbankCarter Jonas LLPMore Info
122-525-8798

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.