ADDRESS55 New King Street, Bath, Bath And North East Somerset
TYPEOffice, Land, Offices, Commercial Land
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON29th January 2021
Freehold Office Building with adjoining plot, together with a consented development scheme.
To the rear, there is an enclosed yard/access area. The site area is 0.032 hectares (0.79 acres) and the site coverage is estimated to be 54%
55 New King Street is an end of terrace Grade II listed four storey office building, together with lower ground foor. It has natural stone elevations, with timber sash window casements under a slate clad pitched rood, with dormers and conventional lead lined gutters. It also has a late 19th century glazed display frontage and has been fitted for office use for its current occupier. Adjoining the site there is an exisiting parking area, which was granted planning consent on 31 May 2018 (expiring 31 May 2021) for the erection of four residential flats on the site.
The property is to be sold by our charitable clients, with strong preference being given to proposals made on a 'Subject Only Contract' basis. This may involve a delayed completion, to suit our clients. The existing planning expires in May 2021 - application reference: 18/00185/FUL. The local authority is Bath and North East Somerset.
An Energy Performance Asset Rating has been instructed. The certificate can be made available to interested parties on application. ( Agency Pilot Software Ref: 20011141 )