Unit 1, Theme Court, Bridge Street

Key Points

• Prime location on Bridge Street in Bakewell (Peak District National Park)
• Current income of £15,000 pa plus VAT
• Property let to Bakewell and Eyam Community Transport
• New 5 year lease just signed (May 2023) - no tenant break
• High footfall tourist location

Description

The property comprises an attractive ground floor retail premises within a larger stone built property, with shop window frontage to Bridge Street. The available accommodation internally consists of a front sales area, office/store and WC facilities.

The property benefits from air conditioning, laminate flooring, spot lighting, electric wall mounted heaters and an attractive glazed customer entrance.

Location

The property is located on Bridge Street in the centre of the Peak District National Park market town of Bakewell. Bakewell is a popular town centre, which is visited by approximately two million tourists annually.

Nearby occupiers include Lime Lounge Coffee House, Bamboo Beauty, Co-operative Food, Brockhursts of Bakewell, Queens Arms, and Rileys Wine Bar. There are a number of short stay car parks in close proximity, with Market Street the closest.

Tenure

Long Leasehold, 125 years from 17th November 2000 with annual ground rent which is currently £100 plus VAT. Further details available by request.

Tenancy

Lease Dated: 26th May 2023
Tenant: Bakewell and Eyam Community Transport (Charity number: 1049389)
Term: 5 year lease from 26th May 2023
Rent: £15,000 pa (until end of the lease)
Tenant Repair Covenant: Effective FRI

Bakewell and Eyam Community Transport is a not-for-profit charity established in 1989. Providing transport services to the rural communities of Bakewell, Matlock, Hope Valley, Buxton and Glossop in Derbyshire. More details here: https://www.bect.org.uk/

Further details are available by request.

Price

Offered subject to the existing tenancy, at £200,000. We are informed VAT is payable on the sale price.

Legal Costs

Each party to bear their own legal costs incurred in this transaction.

Identity Checks

In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.

Available Area