Retail Investment Opportunity in Bradford-on-Avon

No 5 +No 6

The Shambles Bradford-on-Avon Wiltshire BA15 1JS

Investment Property For Sale: £250,000
Total Floor Area: 106 sq.m/1,139 sq.ft
Net Investment Income: £15,350 per annum




Last updated: 07 Sep 2015 Ref: theshambles

Property Description

The properties at The Shambles are categorized as Grade II listed and offer picturesque retail accommodation. The premises are broadly open plan and offer good street frontage. No 5 The premises have been recently upgraded and refurbished by the existing tenant and offer quality retail space over ground and first floor. The unit further benefits from fitted kitchenette and WC facilities and good frontage to the street. The premises are available for purchase of the freehold. No 6 The Shambles We have been informed by the existing tenant that they have been in occupation for over 20 years. The premises provide retail accommodation at ground floor and the existing tenant uses the street for further retail display. The premises are available for purchase of the freehold.

Measurements

  • Net Internal Floor Area
No 5 The Shambles Bradford-on-Avon - Bathrooms No5 Ltd
Measurementimperialmetric
Ground Floor450 sq.ft42 sq.m
First Floor599 sq.ft56 sq.m
Total Floor Area1,049 sq.ft97.46 sq.m

No 6 - To be advised
Measurementimperialmetric
Ground Floor90 sq.ft8 sq.m
Total Floor Area90 sq.ft8.35 sq.m


Agent's Disclaimer

These particulars do not constitute an offer or contract and although they are believed to be correct, their accuracy cannot be guaranteed and purchasers must satisfy themselves as to their accuracy. No person representing Colston & Colston has any authority to make any representation or warranty whatever in respect of the property. All measurements are approximate. Under the Finance Acts 1989 & 1997, VAT may be levied on the rent or sale price.


Sale Terms

Offers are sought in excess of £250,000 subject to contract and exclusive of VAT. This equates to a capital value of £220 per sq ft.


Tenant, lease and rent summary

The Shambles Bradford-on-Avon BA15 1JS
Retail UnitTenantRental IncomeLease Dates
No 5 Bathrooms No5 Ltd £12,650 02.02.2010 -start
01.02.2015 -expiry
No -break
No 6To be advised £2,700No -break
Total Rent £15,350


Covenant Information:

Bathrooms No5 Ltd

Term 5 years from 2 February 2010 Break Clause Tenant only break clause at the expiry of the third year of the term. Repairing and Insuring Fully repairing and insuring

To be advised

We have been informed by the existing tenant that they have been in occupation for over 20 years. The premises provide retail accommodation at ground floor and the existing tenant uses the street for further retail display. The premises are available for purchase of the freehold. The Tenant held a sub-lease from Halifax Estate agencies for a period of 3 years from 29 th September 2006 paying an annual rent of £2,700pa. Thereafter we are not aware of any formally documented tenancy.

Agent's Disclaimer

These particulars do not constitute an offer or contract and although they are believed to be correct, their accuracy cannot be guaranteed and purchasers must satisfy themselves as to their accuracy. No person representing Colston & Colston has any authority to make any representation or warranty whatever in respect of the property. All measurements are approximate. Under the Finance Acts 1989 & 1997, VAT may be levied on the rent or sale price.


There are no plans available to view for this property. Contact the agent for further information

Property Location

Located approximately 3 miles North of Trowbridge and 8 miles South East of Bath, Bradford on Avon is a picturesque market town in Wiltshire. Situated on The Shambles, a pedestrianized parade in the heart of Bradford on Avon, the premises benefit from a mix of tourist and affluent local footfall. The street is characterised by upmarket and retail independents.

Map



ColstonAndColston
Agents Contact Details

Name: Allan Lloyd
Company: Colston & Colston
Address: 1 Queen Square Bath Somerset BA1 2HA
Email:
Email the agent
Direct Dial: (01225) 904704
Mobile: 07527 388036


Second Contact

Name: Will Brenner
Company: Colston & Colston
Address: 1 Queen Square Bath Somerset BA1 2HA
Email:
Email the agent
Direct Dial: (01225) 904704
Mobile: 07919 831723




Download pdf brochure Brochure for: No 6 The Shambles  Bradford-on-Avon Wiltshire  BA15 1JS. Investment Property For Sale: £250,000. Total Floor Area: 106 sq.m/1,139 sq.ft. Net Investment Income: £15,350

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