Shop / Gallery / Cafe to Let on Pedestrian Street for £28,157.01 per annum

Rent £2346.42pcm (Deposit £6000)

Bath, Somerset, BA1 2LP

Key Features

  • attractive ground floor commercial property
  • central Bath
  • pedestrianised street

Property Description

This is a fantastic opportunity to base your business in a versatile and attractive ground floor commercial property in affluent central Bath.

The property is on Margaret’s Buildings, a pedestrianised street with heavy tourist and affluent local footfall and outdoor cafés. Nestled between the Royal Crescent and the King’s Circus, Margaret’s
Buildings is on the Bath tourist trail and represents a significant opportunity for the right business.
Local residents are affluent, and for the right business could form an ideal clientele.

Margaret’s Buildings has a wide array of boutique businesses including the Greenbird Café, Red Rag Gallery, Gallery Nine, very cool Uber clothing, the stylish Berdoulat, Figo hair dressing salon, the Hessian collection, a beauty salon, a bookstore, a Korean waffle shop… You may be able to have outdoor seating (STPP).

The property is used as a high spec gallery/shop, and could be used for sales, professional, office, cafe or a host of other possibilities. A kitchen, office and W/C at the rear gives flexibility.

Current use class: E.

Ground floor retail area: 40.34 Sq Mt, 434 Sq Ft
Ground floor kitchen, office and toilet: 6.90 Sq Mt, 75 Sq Ft
Total ground floor: 47.24 Sq Mt, 508 Sq Ft (All figure are approximate.)

The property is in good condition.

14a Margaret’s Buildings is available to let on an assignment of the existing least ending October 2026. This can be extended.

As at 2 August 2024, the rateable value of the property is £12,000. Small Business Non Domestic Rating Multiplier for 2024/25 is 0.499%. Rates payable 2024/25: £6,840. (Any interested parties should make their own enquiries to Bath & North East Somerset Council (01225 477000) to verify these figures.)

EPC energy rating C.

Each party is to be responsible for their own legal and professional fees incurred in any transaction.
Subject to contract.

Please note, by submitting an enquiry regarding this property you agree that we may send your details to the landlord of this property so they may contact you in order to answer any questions, or arrange a convenient viewing time. STRICTLY NO AGENT OR SUB-LETTING CALLS.

Property Details

Status:
To Let
Property Type:
commercial
Reference:
004985
Detachment:
Commercial
Town/City:
Bath
County:
Somerset
Postcode:
BA1 2LP
Available From:
19/08/2024
Deposit:
£6000
Rent:
£2346.42 pcm