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1 Moorland Road, Bath, Somerset, BA2 3PJ
Product Description
FREEHOLD INVESTMENT FOR SALE
Mixed use investment
Located on popular local retail parade
Total annual gross rent of £27,750
Ground floor let until January 2030
Ground floor tenant in occupation since 2016
First floor let on 12 month AST
DESCRIPTION
The ground floor comprises a lock-up business (Class E) unit, currently in operation as a café. The sales space is open plan with additional storage accommodation as well as commercial kitchen and WC to the rear. Included with the property demised to the tenant is a small forecourt which is used as an outside seating area, together with a gated path to the side of the property which leads to a small garden.
The first floor is accessed through a separate pedestrian entrance at the rear of the property and comprises a two bedroom flat with good levels of natural light to all rooms. The flat is considered to have potential to be used for student accommodation subject to necessary statutory consents.
Amenities
Mixed use investment
Located on popular local retail parade
Total annual gross rent of £27,750
Ground floor let until January 2030
First floor let on 12 month AST
Location
Bath is a city renowned for its attractive architecture, unique retail offering & world heritage status. Bath and North-East Somerset has a residential population of 193,400 and annual visitor numbers exceeding 6 million, according to the last Visitor Impact Report 2018. Bath is served by excellent transport infrastructure, junction 18 of the M4 being just 10 miles to the north via the A46. Train journeys to Bristol are just 12 minutes, with travel to London Paddington approximately 1 hour 20 minutes.
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The property is located on Moorland Road, in the heart of Oldfield Park on the south side of Bath. Moorland Road is the principal local retail parade for Oldfield Park, a residential area, a short distance from Bath city centre. The property benefits from being positioned in the central part of Moorland Road. Nearby commercial property uses include barbers, hairdressers, beauticians, hot food takeaways, charity shops and supermarkets.
Map
MAP GOES HEREProperty Quote Price
| Tenure | Guide Price | Price Type |
|---|---|---|
| Freehold | £475,000 |