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Retail/Shop For Sale, Bath

Retail/Shop in Bath
Retail/Shop in Bath
Retail/Shop in Bath

Property ID: 156565

£165,000 Freehold

38 St. James's Square, Bath, BA1 2TU

Type Retail/Shop
Status Available
Size 899 sq ft

Key Features

  • LET ON 15 YEAR LEASE FROM MARCH 2020 TO PHARMACY
  • CURRENT RENT £12,500 PAX
  • 5 YEARLY RENT UPWARD ONLY REVIEWS TO MARKET RENT (NEXT RR 25 MARCH 2030)
  • TENANT BREAK OPTION
  • FH INCLUDES UPPERS COMPRISING THREEE FLATS (SOLD OFF LLH)
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Description

Description<br>
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The Property Comprises An Attractive Grade I Listed Lock Up Retail Unit Over Ground And Basement Levels Let On A 15 Year Lease To To A Local Pharmacist At A Currrent Rent Of £12,500 Per Annum Excl Vat. The Freehold Interest Will Include The Upper Floors Which Are Accessed Independently From Street Level And Comprise Three Flats, All Sold Off On 999 Year Leases At A Yearly Ground Rent Of £10 Each.<br>
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Location<br>
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The Property Occupies A Prominent Corner Position Onto St James Square, In An Affluent Susburb Of Bath. The Property Is A Short (10 Min) Walk Form The Central Retailing And Leisure Districts Of The City.<br>
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Situation<br>
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The Property Is Situated With Its Main Frontage To<br>
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Accommodation Text<br>
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The Property Benefits From The Following Net Internal Floor Areas:-<br>
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Floor Sq Ft Sq M<br>
Ground 560 52.03<br>
Basement 339 31.50<br>
Total Nia 899 83.53<br>
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Business Rates<br>
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The Property Currently Has A Rateable Value Of £9,800 (apirl 2026) Meaning It Will Potentiallly Qualify For Small Business Rate Relief Eligibility.<br>
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Legal Costs<br>
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Each Party Is To Be Responsible For Their Own Legal And Professional Fees Incurred In Any Transaction.<br>
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Service Charge Details<br>
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The Property Is Managed By The Freeholder With Each Occupier Holding A 25% Share Of The Of The Management Company. The Commerical Lease Is Drafted On An Effective Full Repairing Basis With The Tenant Contributing 40% Of The Costs Of The Landlord's Reasonable Costs In Complying With Thier Obligations. The Remaining Costs Are Bourne By The Residential Tenants.<br>
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Epc Text<br>
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The Property Has An Epc Rating Of D91.<br>
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Further Information<br>
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Please Contact The Sole Selling Agent, Nathan Clark At Csquared On 07983 460203 Or Nathan.clark@cs-re.co.uk<br>
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Ameneties 1<br>
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Let On 15 Year Lease From March 2020 To Pharmacy<br>
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Ameneties 2<br>
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Current Rent £12,500 Pax<br>
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Ameneties 3<br>
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5 Yearly Rent Upward Only Reviews To Market Rent (next Rr 25 March 2030)<br>
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Ameneties 4<br>
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Tenant Break Option<br>
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Ameneties 5<br>
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Fh Includes Uppers Comprising Threee Flats (sold Off Llh)
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CSquared Ltd
CSquared Ltd View all properties

Property ID: 156565

Retail/Shop For Sale, Bath
£165,000 Freehold

38 St. James's Square, Bath, BA1 2TU

Retail/Shop · Available · 899 sq ft

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CSquared Ltd
CSquared Ltd View all properties
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