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 located on New Bond Street at its junction with Old Bond Street/Burton Street and is adjacent to Moda in Pelle and opposite L’Occitane. Other multiple retailers close by include Whistles, Gap, Russell and Bromley and Space NK.
The premises are Grade II listed and are arranged over basement, ground and three upper floors and comprise the following approximately floor areas: -
Gross Frontage 5.89m 19ft 4in
Net Frontage 5.58m 18ft 4in
Internal Width (max) 5.52m 18ft 2in
Shop Depth 13.02m 42ft 8in
Ground Floor Sales 46 sq m 496 sq ft
Basement Sales 29 sq m 308 sq ft
Basement Stock 9 sq m 92 sq ft
First Floor Sales 43 sq m 460 sq ft
Second Floor 26 sq m 280 sq ft
Third Floor 22 sq m 242 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 4 year intervals.
£87,500 pa, exclusive.
We understand that the property is assessed as follows:
Rateable Value: £73,000
UBR (201 6/201 7): 49.7p
Proposed 2017 Rateable Value: £80,000
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 an appointment to view please contact:
Chris Wright or Lewis Sinclair
T: 0117 988 5254 T: 0117 988 5436