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DEVELOPMENT OPPORTUNITY 3-4 Edgar Mews, Bath, BA1 2EE Colston Colston & chartered surveyors

DEVELOPMENT OPPORTUNITY Colston & Colstonbulkloader.prd.pl.artirix.com.s3.amazonaws.com/bab0c119-2bf1-42c… · The development opportunity forms part of a Grade II listed terrace

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Page 1: DEVELOPMENT OPPORTUNITY Colston & Colstonbulkloader.prd.pl.artirix.com.s3.amazonaws.com/bab0c119-2bf1-42c… · The development opportunity forms part of a Grade II listed terrace

DEVELOPMENT OPPORTUNITY3-4 Edgar Mews, Bath, BA1 2EE

Colston Colston&chartered surveyors

Page 2: DEVELOPMENT OPPORTUNITY Colston & Colstonbulkloader.prd.pl.artirix.com.s3.amazonaws.com/bab0c119-2bf1-42c… · The development opportunity forms part of a Grade II listed terrace

LOCATION & SITUATION

Bath is a UNESCO World Heritage site located in the south west of England, approximately 13 miles south east of Bristol and 115 miles west of London.

The City has a 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.

Edgar Mews is located in the centre of Bath at the rear of Edgar Buildings on George Street and is accessed from Bartlett Street. Edgar Mews is a dead-end road and the premises is arranged across the split level between the two streets.

DEVELOPMENT OPPORTUNITY3-4 Edgar Mews, Bath, BA1 2EE

For Sale by Private Treaty

• Redevelopment opportunity in the heart of Bath’s retail area

• Approximately 6,300 sq ft of warehouse/light industrial space over three � oors

• Open plan layout

• Lift shaft

• Grade II Listed

• Suitable for a range of uses (STP)

Page 3: DEVELOPMENT OPPORTUNITY Colston & Colstonbulkloader.prd.pl.artirix.com.s3.amazonaws.com/bab0c119-2bf1-42c… · The development opportunity forms part of a Grade II listed terrace

THE PROPERTY

The development opportunity forms part of a Grade II listed terrace of storage/warehouse units which sit between a variety of mixed use premises on George Street and Bartlett Street including national and independent retail stores, cafes, restaurants and bars. There is a row of mews houses immediately facing the property.

The property has a part-flat, part-pitched roof which is corrugated sheet-clad and felted, over ashlar stone elevations with internal brick and block walls.

The premises benefit from large open plan accommodation at ground level with wooden steps to the first floor and two staircases leading into the basement. A fire exit at the rear of the property leads out to a courtyard which is not included in the sale.

The property also contains a lift shaft which runs from basement to first floor however we understand that this has been condemned.

ACCOMMODATION

Internally, the property has large open plan storage areas over basement, ground and first floors, with subdivided office accommodation at ground and first floor.

The property benefits from the following internal floor areas:

Floor Area (sq m) Area (sq ft)Basement 221.9 2,389

Ground 257.5 2,772

First 93.00 1,001

Total 572.4 6,162

GUIDE PRICE

POA

DEVELOPMENT OPPORTUNITY

The premises represent a rare opportunity to acquire a substantial amount of floorspace in central Bath’s core retail area which would suit a variety of commercial, leisure and potentially residential uses (STP). The ground floor provides open plan accommodation which is capable of subdivision, whilst the first floor offers good ceiling height, with the ability to extend over the ground floor to create additional accommodation (STP).

PLANNING & USE CLASS

The premises have been used as a workshop and warehouse in recent years.

BUSINESS RATES

According to information provided by the Valuation Office Agency, the property has a Rateable Value of £13,500.

TENURE & POSSESSION

A 250 year long leasehold interest in the property is available with vacant possession.

SERVICES

We understand the premises are connected to mains services however interested parties are advised to satisfy themselves as to the existence and adequacy of these.

FIXTURES & FITTINGS

Fixtures and fittings are not included in the sale unless otherwise agreed by separate negotiation.

VAT

We have been advised that the property has not been elected for VAT.

Ground Floor

First Floor

Basement

All Measurements are approximate and should not be relied on as a statement of fact. Plan is for illustration purposes only. Not drawn to scale.

Page 4: DEVELOPMENT OPPORTUNITY Colston & Colstonbulkloader.prd.pl.artirix.com.s3.amazonaws.com/bab0c119-2bf1-42c… · The development opportunity forms part of a Grade II listed terrace

Colston Colston&chartered surveyors

METHOD OF SALE

The property is to be sold by Private Treaty.

LOCAL AUTHORITY

Bath and North East Somerset Council Lewis HouseManvers StreetBath BA1 1JG Tel: 01225 477 000

VIEWINGS

Strictly by appointment with the Sole Agents. Please contact:

Rupert Bendell MRICS FAAV

Colston & Colston Chartered Surveyors1 Queen SquareBath BA1 2HAT: 01225 904 704M: 07494 822 522E: [email protected]

14 January 2019

Important notice: The purchaser shall be deemed to have satisfied himself as to the description of the property. Any error or mis-statement will not annul the sale nor entitle either party to compensation in the respect thereof. We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Important notice: These Particulars do not constitute an offer or contract and although they are believed to be correct, their accuracy cannot be guaranteed and purchasers must satisfy themselves as to their accuracy. No person representing Colston & Colston has any authority to make representation or warranty whatever in respect of the property. All measurements are approximate. Under the Finance Acts 1989 & 1997. VAT may be levied on the rent or sale price.

Colston & Colston LLP is a limited Liability Partnership registered in England and Wales No 0C361785. Registered Office 12B George St, Bath, BA1 2EH Regulated by RICS.

4 Queen Street, Bath BA1 1HE t 01225 904 704 f 01225 904 705 e [email protected] www.colstonandcolston.com