Type/Use: 

Retail

Price: 

£57500

Price Details: 

Per Annum

Availability: 

Under Offer

Area: 

509ft²

Property Particulars: 

The property is situated on Burton Street between New Bond Street and Upper Borough Walls.

Prime Shop To Let

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 between New Bond Street and Upper Borough Walls. They are adjacent to Maison Georges and close to Jo Malone, Bobbi Brown, Body Shop, Soho Coffee Company, Skechers, Lush and Russell and Bromley.   Location Plan

Accommodation

The premises are Grade II listed and are arranged over basement, ground and three upper floors and comprise the following approximate floor areas:-

Floor                     Sq m                       Sq ft

Internal Width       5.60 m                    18ft 4in
(max)

Shop Depth           10.13 m                  33ft 3in

Ground Floor         47 sq m                  509 sq ft
sales

Basement               22 sq m                  239 sq ft

First Floor               4 sq m                    43 sq ft

Second Floor         35 sq m                   375 sq ft
stock

Third Floor             30 sq m                   320 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

Rental offers in the region of £57,500 per annum, exclusive are invited.

Planning

The premises fall within Class E of the Town and County 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) £76,500
UBR (2021/2022) 51.2p

There is currently a business rates reduction available for qualifying retail and leisure uses until April 2022. Interested parties should carry out their own investigations.

EPC

The property has an EPC rating of E103 and the certificate is available on request.

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 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

 

Valuer Name: 

Chris Wright and Sue Fermandel

Valuer Email: 

Valuer Telephone : 

+44 (0)117 988 5254, +44 (0)7974 359210 and T: +44 117 988 5228

Valuer Address: 

Avison Young (UK) Limited St Catherines Court Berkeley Place Bristol BS8 1BQ

Location: 

4
Burton Street
BA1 1BN Bath
United Kingdom