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17-18 St. James's Parade 3,808 SF 100% Leased Retail Building Bath BA1 1UL $1,865,348 ($489.85/SF) 6.72% Cap Rate

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INVESTMENT HIGHLIGHTS

  • EPC reports for the properties are available upon request.

EXECUTIVE SUMMARY

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.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,808 SF
Building Class
B
Year Built
1855
Price
$1,865,348
Price Per SF
$489.85
Cap Rate
6.72%
NOI
$125,351
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Lot Size
5,000.00 AC
Frontage
23’ on St James Para

AMENITIES

  • Security System
  • Storage Space

NEARBY MAJOR RETAILERS

Caffe Nero
Pret A Manger
Costa Coffee
The Gym Group
Peloton Interactive
Morrisons
Sainsbury's
HSBC
Barclays
eurochange
  • Listing ID: 35405967

  • Date on Market: 4/8/2025

  • Last Updated:

  • Address: 17-18 St. James's Parade, Bath BA1 1UL

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