17 and 18 St James Parade and 35 and 36 Corn Stree, Bath, BA1 1UL

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.

( Agency Pilot Software ref: 20018420 )