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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
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 £55,000 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 (2022/2023) 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
Jack Phillips
T: +44 (0)117 9885229
+44 (0)7990 853230