LOCATION BA1 1DB
The property is situated on Milsom Street in the city of Bath. With a population of around 90,000, Bath's compact visitor friendly centre is host to a wealth of places to eat and drink and a wide variety of retailers. Bath also provides a remarkable collection of museums, galleries and other attractions, which pull some 6.25 million tourists annually.
The subject premises occupy a prime trading position on Milsom Street, adjacent to Vinegar Hill and Bravissimo. Other nearby occupiers include The Ivy, Jolly's Department Store and Mulberry.
The demise is arranged over basement, ground, first, second and third floors:
Ground Floor: 418.06 sq m 4,500 sq ft
First Floor: 153 sq m 1,650 sq ft
Second Floor: 79.99 sq m 861 sq ft
Third Floor 84.26 sq m 907 sq ft
Mews: 53.23 sq m 573 sq ft
Previous use as retail or as any other use within Class E of the Use Classes Order 1987 (as amended) which includes former use classes A1 (shops), A2 (financial and professional services), A3 (restaurants and cafes), as well as part of D1 (nonresidential institutions) and D2 (assembly and leisure).
The property is available by way of a new lease on terms to be agreed.
Rateable value: £196,000
Rates Payable: £100,352 pa
Interested parties should verify the actual rates payable with the local authority. To support businesses through the COVID19 crisis, all businesses in the Retail, Hospitality and Leisure sectors will be given a further three months exemption from their business rates bills for the period 1 April 30 June 2021. In addition to this, bills for these sectors will be discounted by 66% for the remaining nine months of the year (1 July 2021 21 March 2022).
The unit has an Energy Performance Certificate rating of 'D' (82), which is valid until 02/03/2028.
Each party is to be responsible for their own professional legal fees incurred with this transaction.
For further information or to arrange a viewing, please see below.
Direct Dial: 0117 946 4521
Mobile: 07825 382835
Direct Dial: 0117 946 4502
Mobile: 07753 302236
SUBJECT TO CONTRACT