Retail Retail unit - Immediately available - , 18 The Corridor, Bath , BA1 5AP
The Corridor, Bath BA1 5AP, UK
- 24 hr Access
- Retail Use
Retail unit to let at 18 The Corridor, Bath.
LOCATION BA1 5AP
The Corridor is one of the earliest examples of a shopping arcade built in 1825 which has hosted a wide variety of traders over the years. The current
beneficiaries include occupiers such as Route One, Flock Clothing, Running Bath Sports, Society Café and Sofa.com.
The location of The Corridor is in the heart of Bath and connects Union Street with the busy High Street and is in close proximity to the tourist attractions of Bath Abbey, The Roman Baths and Bath Spa.
The arcade is a Grade II Listed building and the subject property offers a unique opportunity of a central trading position in the historic city of Bath.
The property comprises of ground floor sales with an ancillary accommodation on first, second and third floors providing the following approximate net
internal floor areas:
Ground Floor Sales: 16.40 sq m 176 sq ft
First Floor Ancillary: 9.30 sq m 100 sq ft
Second Floor Ancillary: 12.70 sq m 136 sq ft
Third Floor Ancillary: 11.10 sq m 119 sq ft
The property is available by way of a new effectively full repairing and insuring lease on terms to be agreed. Temporary lettings may also be considered.
£12,000 per annum exclusive of VAT and service charge.
ESTIMATED BUSINESS RATES
Rateable Value: £13,750,000
UBR: £0.491 (small business multiplier)
Tapered Relief: 42% discount
Rates Payable: £3,916 per annum
Interested parties should confirm actual rates payable with the local authority.
The unit has permitted use within Use Class E (Commercial, business and service).
Each party is to be responsible for their own legal costs incurred with this transaction.