Let Agreed

Light Industrial for rent

Unit 1 Broadway Court, Miles Street, Bath, BA2 4HX


£10,000 per year
£833 per month
743 ft²

Features

  • 10,000 per annum exclusive
  • 69.1 sq m (743 sq ft)
  • Industrial unit
  • Two store rooms
  • Well established business location

Description

The arch is fully lined with a concertina door to the front. There is a toilet, electricity and water. It also benefits from two separate small lock up stores, with the larger of the store rooms also having an electricity supply. The arch is in good condition with a mixture of tenants on the estate.



Location



Broadway Court consists of a row of 8 arches and is situated in the Widcombe area to the east of Bath Spa Station. They are a 10 minute walk from the station or a 5 minute drive by car. The estate is accessed from Miles Street.



Accommodation



All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a gross internal basis.



Main arch - 49.74 sq m (535 sq ft)

Store 1 - 4.85 sq m (52 sq ft)

Store 2 - 14.51 sq m (156 sq ft)

Total GIA - 69.1 sq m (743 sq ft)



Rent / Price



10,000 per annum exclusive.



Terms



Available on The Arch Co's standard tenancy agreement for a minimum 3 year term.



Business Rates



From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is 4,750. Therefore making the approximate Rates Payable 2,370 per annum for 2021/22.



Tenants may be eligible for Small Business Rates Relief if this is the only property they occupy and/or any other properties they occupy have a rateable value of less than 2,900 each. Qualifying ratepayers will pay no rates on properties with rateable values up to 12,000 with a tapered relief of between 100% and 0% for properties with rateable values between 12,001 and 15,000.



Interested parties are advised to confirm the rating liability with Bath and North East Somerset Council.



Services



We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.



EPC



D (92)



Legal Fees



Tenant to contribute 395 + VAT towards the Landlord's legal costs. A fee of 350 + VAT is payable should a licence for alterations be required.



VAT



The property has been elected for VAT and therefore VAT will be charged on the rent.

Categories

Light Industrial
Call
Property reference
CP124564_19721