19th-Century Bath Property Offers Investment, Restaurants & £20K Annual Income
Bath, Somerset
- Status
FOR SALE
- Date Submitted:
31/05/23
- Advert ID
514035
- Reference
94038 / Rightbiz
- Call Agent:
- Freehold: £395,000
- Turnover: Not Applicable
- Net Profit: On request
Key Features
- Adjacent to Multiple Retailers
- Close to Local Amenities
- Potential for Alternative Use
- Prime Location
- Split Level Trading Area
- Ideal for Full Refurbishment
Business Details
SOMERSET – BATH INVESTMENT OPPORTUNITY
19th Century two/three storey property
Near Bath city centre
Ground and lower floor restaurants
Two bedroom accommodation
Investment sale
Rental income of £20,000 p.a. (5% yield)
Suitable for alternative commercial use (sttp)
LOCATION
A fine trading position in the Camden area of Bath overlooking Hedgemead Park. The property is situated approximately a mile from the city centre and is surrounded by many elegant Georgian and Victorian terraced houses. Bath is located in the Avon Valley, surrounded by limestone hills and is near the southern edge of the Cotswolds.
Bath is the largest historical city in Somerset, known for being a world heritage site and one of the great spa towns of Europe, boasting a population of over 100,000. It is not only a bustling city with a large population, but also a tourist hotspot with millions visiting yearly. A few notable attractions in the area include Roman Baths, Thermae Bath Spa, Bath Abbey, and Royal Crescent.
FOR MORE INFORMATION REGARDING THE TERMS PLEASE CONTACT THE SELLING AGENTS
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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