Knight Frank has acquired the Charter House and Hanover House office buildings in Lower Bristol Road, Bath on behalf of Kindale Limited.
The 14,118 sq ft buildings were purchased from CBRE Investors for £1.6 million at a net initial yield of 14 per cent. CBRE advised the vendor CBRE Investors.
The office is currently let to tenants Baker Tilly LLP and Eagle One at an annual rental of £237,520, equating to £17.00 per sq ft.
