Location

The City of Bath is a World Heritage site attracting approximately 5.8 million tourists per year with an estimate visitor spend in excess of £350m.

The property is situated on Stall Street close to historic attractions such as The Abbey & Roman Baths. They are adjacent to Holland & Barrett and EE, opposite Schuh and close to Primark, Ernest Jones, Vodafone and Marks & Spencer.

Description

The premises are a Grade II Listed and arranged over ground and three upper floors comprising the following approximate dimensions and floor areas:

Lease

The property is available by way of a new lease on effectively FRI terms for a term to be agreed subject to rent reviews at four year internals.

Rent

£79,500 pax

Planning

The premises falls within Class E of the Town & Country Planning (Use Classes) Order 2020.

Interested parties should carry out their own due diligence in this regard.

Business rates

We understand that the property is assessed as follows:-

Rateable value (2017): £103,000

UBR (2020/21): £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.

Legal costs

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

EPC

The premises have a current EPC rating of D85. A certificate can be made available.

VAT

VAT if applicable will be charged at the standard rate.

Subject to contract

For further information please contact:

Chris Wright

+44 (0)117 988 5254

+44 (0)7974 359210

chris.wright@avisonyoung.com

Sue Fermandel

T: +44 117 988 5228

sue.fermandel@avisonyoung.com