Central Bath Retail Premises - Currently Producing £19,000 Per Annum Exclusive
The premises are prominently situated on Broad Street within Bath city centre. The immediate locality provides a range of retailers, both national and independent, including Rossiters of Bath, Biggie Best, Robert Welch and Phase Eight. The entrance to Milsom Place is nearby, the scheme is currently being revitalised with several new occupiers taking occupation in recent months.
Terms & Conditions
The long leasehold interest (150 years from 6th April 1988) is available to purchase at £250,000. Subject to contract. The premises is let to Dilek Koroglu (trading as Icarus Silver Jewellery) by way of an FRI Lease dated 27 July 2015, for a term of 5 years at a passing rent of £19,000 per annum. The Lease benefits from the security of tenure provisions contained within the Landlord and Tenant Act 1954.