BA2 33-34, Moorland Road, Oldfield Park, Bath

Bath is one of the UK's leading retail destinations, scoring a high 10th out of 200 on the PMA retail score, which is based on the number of retailers located in the city. The total city centre retail floor space in Bath is estimated at 1.43 million SqFt.

Historically vacancy rates have remained well below the national average in Bath with it remaining an attractive destination for not only the national occupiers but the independents too.

Bath is considered one of the UK's best retail destinations

and has recently been ranked the top destination

in the world to visit in the Times New York Magazine.

Bath is a UNESCO World Heritage Site and is an internationally

renowned tourist destination attracting almost 5

million tourists a year.

Moorland Road is the main high street in Oldfield Park,

with nearby retailers including Sainsburys Local, Velo

Lounge, The Oyster Shell, Taylors Bagels, and Dominos.

The property offers a mixed use investment with 2 x 1-

bedroom flats and a prominent ground floor retail unit

Moorland Road is a strong retail location and the area is

popular for young families and students

Retail rent: £30,800 per annum and 2 x 1 bedroom flats

producing a total rent of £21,240 per annum

Passing rent on 33-34 Moorland Road reflects £32 ZA

Total passing rent: £52,040 per annum

Guide price: £600,000

Net Initial Yield: 8.26% after allowing for usual purchase

costs

Commercial EPC - C (73)

Flat 33A EPC - D (63)

Flat 34S EPC - C (73)

33 -34 Moorland Road is located in the suburb of Oldfield Park, which is situated approximately one mile south west of Bath city centre.

The Property occupies a prominent corner position fronting the central part of Moorland Road with return frontage to Livingstone Road, being at the crossroads with Herbert Road. Neighbouring occupiers include a mix of local retailers, estate agents, a high street bank, various restaurants, takeaways and drinking establishments.