Retail/Shop For Sale Oldfield Park
PROPERTY ID: 151152
PROPERTY TYPE
Retail/Shop
STATUS
Available
SIZE
2,940 sq.ft
Property Details
Bath Is One Of The Uk's Leading Retail Destinations, Scoring A High 10th Out Of 200 On The Pma Retail Score, Which Is Based On The Number Of Retailers Located In The City. The Total City Centre Retail Floor Space In Bath Is Estimated At 1.43 Million Sqft.<br>
Historically Vacancy Rates Have Remained Well Below The National Average In Bath With It Remaining An Attractive Destination For Not Only The National Occupiers But The Independents Too.<br>
<br>
Bath Is Considered One Of The Uk's Best Retail Destinations<br>
And Has Recently Been Ranked The Top Destination<br>
In The World To Visit In The Times New York Magazine.<br>
Bath Is A Unesco World Heritage Site And Is An Internationally<br>
Renowned Tourist Destination Attracting Almost 5<br>
Million Tourists A Year.<br>
Moorland Road Is The Main High Street In Oldfield Park,<br>
With Nearby Retailers Including Sainsburys Local, Velo<br>
Lounge, The Oyster Shell, Taylors Bagels, And Dominos.<br>
The Property Offers A Mixed Use Investment With 2 X 1-<br>
Bedroom Flats And A Prominent Ground Floor Retail Unit<br>
Moorland Road Is A Strong Retail Location And The Area Is<br>
Popular For Young Families And Students<br>
Retail Rent: £30,800 Per Annum And 2 X 1 Bedroom Flats<br>
Producing A Total Rent Of £21,240 Per Annum<br>
Passing Rent On 33-34 Moorland Road Reflects £32 Za<br>
Total Passing Rent: £52,040 Per Annum<br>
Guide Price: £600,000<br>
Net Initial Yield: 8.26% After Allowing For Usual Purchase<br>
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