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Prime fitted shop to let
LOCATION BA1 1BP - Location Plan
Bath attracts in excess of 5.8 million tourists annually with an estimated spend in excess of £350 million per annum which makes it the busiest tourist centre in the South West. This adds to its affluent population of 90,000 residents which extends to circa 170,000 in the wider conurbation.
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 and the recent arrivals of Aesop and Penhaligon's. There is also a strong line up of fashion brands including Ted Baker, French Connection, Jack Wills, White Stuff and Sea Salt.
DESCRIPTION
The building is Grade II listed and the demise is arranged over basement, ground, first, second and third floors.
ACCOMMODATION
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
TERMS
A full repairing and insuring lease is available for a term to be agreed subject to 4 yearly upward only rent reviews.
RENT
£87,500 per annum, exclusive.
RATES
Rateable Value: £100,000
UBR: 49.3p
Rates Payable: £49,300
Please verify the actual rates payable with the local authority.
PLANNING
Any use within Class A1 (retail).
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in the transaction.
VIEWING
For further information or to arrange an inspection please contact:
Richard Saunders
Direct Dial:
0117 946 4521
Mobile:
07825 382835
Email:
Gruffudd Hobday
Direct Dial:
0117 946 4569
Mobile:
07493 869973
Email:
SUBJECT TO CONTRACT