Description

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.

Accommodation

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

Basement stock

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

Tenure

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.

Rent

Offers in the region of £107,500 pa exclusive.

Business Rates

We understand that the property is assessed as follows: -

Rateable Value (2017) £107,000

UBR (2018/2019) 49.3p

This may be subject to transitional arrangements or appeal. Interested parties should make their own enquiries with the Local Rating Authority.

Legal Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

VAT

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

chris.wright@gva.co.uk

Rupert Elphick 0117 988 5205

www.gva.co.uk

08449 02 03 04