50 Rivers St - Retail FOR SALE


Bath, BAS BA1 2QA
$850,000 USD
50 Rivers St, Bath, BAS for Sale
$850,000 USD
Retail - FOR SALE
1/4
null | 6.67% Cap Rate

50 Rivers St
Bath, BAS BA1 2QA


HIGHLIGHTS

  • The property is Grade II Listed and is situated within the Bath Conservation Area.
  • Located in the City of Bath within the county of Somerset,
  • The Chequers is situated at the intersection between River Street and River's Street Mews within a predominantly residential area.

OVERVIEW

Freehold public house investment for sale let until January 2043 at a current rent of £59,829 per annum The entire property is let to Posh & Mumbles Limited on a 20 year lease from 5January 2023 at a current rent of £59,829 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 5% (except in the open market review year). A rent deposit of £14,398 is held by the landlord.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

6.67%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chequers

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,205 SF

ZONING

-

APN/PARCEL ID

AV228660

ASK ABOUT THIS PROPERTY

Stuart StaresSavillsMore Info

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