The City of Bath is a World Heritage Site attracting approximately 5.8m tourists per year with an established visitor spend in excess of £350m.
The property is situated on Burton Street midway between New Bond Street and Upper Borough Walls and are adjacent to Body Shop and West Cornwall Pasty Company. Other multiple retailers close by include Jo Malone, Radley, Bobbi Brown, Soho Coffee Company and Russell and Bromley.
The premises are Grade II listed and are arranged over basement, ground and three upper floors and comprise the following approximate floor areas:-
Gross Frontage 5.71 m 18ft 9in
Net Frontage 5.15 m 16ft 11in
Internal Width (max) 5.48 m 18ft
Shop Depth 15.27m 50ft
Ground Floor sales 75 sq m 811 sq ft
First Floor stock 74 sq m 798 sq ft
Second Floor stock 38 sq m 411 sq ft
Third Floor stock 30 sq m 326 sq ft
The property is available by way of a new FRI lease for a term to be agreed and subject to rent reviews at four year intervals.
Offers in the region of £75,000 pa exclusive.
Short Term Lease
Alternatively the premises maybe available on a short term lease further details on request.
We understand that the property is assessed as follows: -
Rateable Value (2017) £107,000
UBR (2021/2022) 51.2p
There is currently a rates holiday for qualifying retail and leisure uses until 30th June 2021. Interested parties should carry out their own investigations.
An EPC has been commissioned and is available on request.
Each party is to be responsible for their own legal costs incurred in the transaction.
VAT if applicable will be charged at the standard rate.
Subject to Contract
For further information or to arrange a viewing please contact:
Chris Wright 0117 988 5254
Sue Fermandel 0117 988 5228
08449 02 03 04