£165,000
(£183.54/sq. ft)
Retail premises for sale38 St. James's Square, Bath, Bath And North East Somerset BA1
899 sq. ft
Just added
Available immediately
About this property
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)
Description
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.
Location
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.
Situation
The property is situated with its main frontage to
Accommodation Text
The property benefits from the following Net Internal Floor Areas:-
Floor Sq ft Sq m
Ground 560 52.03
Basement 339 31.50
total NIA 899 83.53
Business Rates
The property currently has a Rateable Value of £9,800 (Apirl 2026) meaning it will potentiallly qualify for small business rate relief eligibility.
Legal Costs
Each party is to be responsible for their own legal and professional fees incurred in any transaction.
Service Charge Details
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.
EPC Text
The property has an EPC rating of D91.
Further Information
Please contact the sole selling agent, Nathan Clark at CSquared on or
Ameneties 1
let on 15 year lease from March 2020 to pharmacy
Ameneties 2
current rent £12,500 pax
Ameneties 3
5 yearly rent upward only reviews to market rent (next rr 25 March 2030)
Ameneties 4
Tenant break option
Ameneties 5
fh includes uppers comprising threee flats (sold off llh)
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.
Location
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.
Situation
The property is situated with its main frontage to
Accommodation Text
The property benefits from the following Net Internal Floor Areas:-
Floor Sq ft Sq m
Ground 560 52.03
Basement 339 31.50
total NIA 899 83.53
Business Rates
The property currently has a Rateable Value of £9,800 (Apirl 2026) meaning it will potentiallly qualify for small business rate relief eligibility.
Legal Costs
Each party is to be responsible for their own legal and professional fees incurred in any transaction.
Service Charge Details
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.
EPC Text
The property has an EPC rating of D91.
Further Information
Please contact the sole selling agent, Nathan Clark at CSquared on or
Ameneties 1
let on 15 year lease from March 2020 to pharmacy
Ameneties 2
current rent £12,500 pax
Ameneties 3
5 yearly rent upward only reviews to market rent (next rr 25 March 2030)
Ameneties 4
Tenant break option
Ameneties 5
fh includes uppers comprising threee flats (sold off llh)
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Monthly repayment
£825 per month
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