BATH: 10 Monmouth Place BA1 2AU - Colston and Colston

           

 BATH:  10  Monmouth  Place  BA1  2AU                                          INVESTMENT  

   

 

                                                             

                                  LOCATION   The   affluent   Roman   city   of   Bath   is   a   popular   commercial   centre   attracting   a   wide   range   of   businesses   as   well   as   being   a   renowned   retailing   and   tourism   destination.   It   has   a   residential   population   of   over   80,000   and   annual  visitor  numbers  exceeding  4  million  at  the  last  Census.  Bath  is  served  by  excellent  transport  routes,   including  frequent  train  services  to  Bristol  and  London  Paddington.     SITUATION   Monmouth   Place   is   situated   just   West   of   Bath   city   centre.   The   immediate   locality   provides   a   range   of   residential,   office,   guesthouses   and   retail,   both   national   and   independent,   including   The   Scallop   Shell,   The   Theif   and   The   Bath   House.   Monmouth   Place   leads   directly   into   the   Upper   Bristol   Road,   one   of   the   main   vehicular  routes  in  and  out  of  the  city.     DESCRIPTION   This   property   comprises   mixed-­‐use   retail   and   residential   over   5   levels   with   flats   on   upper   floors   and   retail   over  ground  and  basement.  The  residential  space   benefits  from  seperate  access  from  Monmouth  Place  with   a  one  bed  flat  at  first  and  2  bed  maisonette  over  second  and  third  levels.  The  retail  sales  space  is  approx.  783   sq  ft  total  and  benefits  from  large  fronted  shop  windows.    

                        TENANT  INFORMATION   Retail   -­‐   Let   to   The   Courtyard   Salon.   We   have   not   been   provided   with   a   copy   of   the   lease   but   have   been   informed  that  the  premises  are  let  at  a  rent  of  £14,500pa  on  a  4  year  lease  with  c.  3  years  unexpired  term.     Residential  :   1st  Floor  Flat  –  Let  on  AST   2nd  &  3rd  Floor  Maisonette  –  Let  on  AST     PROPOSAL   Offers  invited  in  excess  of  £650,000  (six  hundred  and  fifty  thousand  pounds).     TENURE   This  property  is  available  by  way  of  freehold  sale.     ACCOMMODATION   The  property  benefits  from  the  following  Net  Internal  Floor  Areas:-­‐       35.04   377   Ground  -­‐  Retail  

 

Basement  -­‐  Ancillary  

37.75  

406  

First  -­‐  1  Bed  Flat  

42.92  

462  

Second  -­‐  Maisonette  

39.88  

429  

Third  -­‐  Maisonette  

33.11  

356  

 

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             All  figures  taken  in  accordance  with  the  Code  of  Measuring  Practice  6  Edition  

LEGAL  COSTS   Each  party  is  to  be  responsible  for  their  own  legal  and  professional  fees  incurred  in  any  transaction.     VIEWING  ARRANGEMENTS   For  further  information  or  to  arrange  an  inspection  please  contact  the  sole  agent.     Mr  Allan  Lloyd     Mr  Will  Brenner   Subject  to  contract     01225  904704   01225  904704   25-­‐Feb-­‐16  

07527  388036   [email protected]      

07919  831723   [email protected]