Commercial property for sale in 7-9 North Parade Buildings, Bath, Bath And North East Somerset BA1

£3,750,000 (£537.02/sq. ft)
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Commercial property for sale 6,983 sq. ft*
Tenure: Not available Council tax band: Not available

Property description

The street was designed in 1753 by the renowned architect Thomas Jelly, and forms part of a magnificent Grade II listed terrace of properties in the centre of Bath. The sale includes x3 town houses, with no 7 being a double fronted townhouse and 8 and 9 both having direct access at ground floor level. The properties are built in the neo-classical style typical of the era and constructed of Ashlar Bath stone.
The buildings are set over five floors, and despite significant opening up works undertaken by the Council during their years of occupation before sale to the current owners, the building retains a wealth of period features. Unusually, each floor has been opened across all 3 buildings to provide beneficial flow through the buildings.
The lower ground floor offers 3 flats. The residential accommodation has been recently improved by the tenant, and presents very well. The tenancy is a 3 year lease with c. 2.5 years to run, at a rent of £45,600pa with annual fixed 5% uplifts.
The ground floors offer, reception room, meeting rooms and cellular office accommodation of various sizes. The 3 upper floors offer further office accommodation and also WC and kitchen facilities.
The commercial element of the building has been operated as a serviced office for many years and the building is offered with the benefit of the short term tenancies to the existing tenants. Details are available on request.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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CSquared Real Estate LLP, BA1 on +44 1225 288619 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CSquared Real Estate LLP, and do not constitute property particulars. Please contact CSquared Real Estate LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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