Bath, BA1 5LS
Use Class E(b)
Marketed by Williams Gunter Hardwick,
Restaurant Lease For Sale *Confidentially Available*
The premises have been fitted to a very high standard throughout.
Situated at the eastern end of George Street at the junction with Broad Street, Lansdown Road and The Paragon. Bath boasts a strong local population and catchment that is bolstered throughout the year by a strong tourist influx visiting the many historic attractions that the city has to offer
A3 - We are advised that the premises benefit from this planning consent.
As staff are unaware of any disposal proposals, interested parties are asked to direct all enquiries strictly via the Appointed Agents.
Accommodation details below:
|sq ft||sq m|
|Ground Floor Bar & Restaurant||1,076||100|
|Ground Floor Kitchen & Restaurant||1,888||175|
An existing 20 year full repairing and insuring term incorporating 5 yearly reviews to expire October 2036 with a review October 2021 and 5 yearly thereafter. The lease is contracted outside of the security of tenure provided by the Landlord Act 1954 but incorporates an option to renew for a further 10 years.
Each party to bear their own costs incurred in any transaction.
Offers are invited.
£51,580 per annum exclusive
According to the Valuation Office website the premises are assessed as follows:- Rateable Value: £45,750 Rate in the £: 47.9 (2017/2018) Rates Payable : £21,914.25 For verification purposes, interested parties are advised to make their own enquiries on www.voa.gov.uk.
All figures within these terms are exclusive of VAT where applicable.
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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