LOCATION BA1 1BP
The property is situated on New Bond Street in Bath. With a population of 90,000, Bath's compact visitor friendly centre offers a host of places to eat and drink and a wide variety of retailers. The city also provides a remarkable collection of museums, galleries and other attractions, which pulls a significant number of tourists.
The subject building sits in a prime position in the city near the junction of New Bond Street, Milsom Street and Burton Street. The position boasts a number of cosmetic and perfume brands including Bobbi Brown, Jo Malone, L'Occitane, Space NK, Aesop and Penhaligon's. There is also a strong line up of fashion brands including Ted Baker, French Connection, White Stuff and Sea Salt.
The building is Grade II listed and the demise is arranged over basement, ground, first, second and third floors.
The demise provides the following approximate net internal floor areas:
Ground floor sales 67.35 sq m 725 sq ft
First floor sales 38.55 sq m 415 sq ft
Second floor 33.44 sq m 360 sq ft
Third floor ancillary 32.05 sq m 345 sq ft
Basement ancillary 45.99 sq m 495 sq ft
A full repairing and insuring lease is available for a term to be agreed subject to 4 yearly upward only rent reviews.
£45,000 per annum, exclusive.
Rateable Value: £100,000
Rates Payable: £51,200
Please 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).
Previous use within Class A1 (retail) or any other use within Class E.
Each party is to be responsible for their own legal costs incurred in the transaction.
For further information or to arrange an inspection please see below.
Direct Dial: 0117 946 4521
Direct Dial: 0117 946 4502
SUBJECT TO CONTRACT