2 Bridge Street, Bakewell, DE45

Summary

Corner positioned shop premises in the centre of Bakewell

Location

The property is located within the centre of Bakewell in the heart of the Peak District. Bakewell is a very popular market town with an active shopping area. It estimated that Bakewell draws an estimated two million visitors annually. Bakewell is approximately 17 miles south west of Sheffield and 26 miles north of Derby.

The property is located with access from Water Street, in a very busy part of Bakewell close to a number of well known occupiers including Seasalt, Cotswold, and a number of well established local traders.

Rateable Value

Zero rates payable until 1st April 2021 as a Government tax break following the Covid-19 Pandemic for for retail, hospitality and leisure businesses. Prior that and from the information obtained from the Valuation Office Agency website we understand the demise is rated as follows:-

Address: William Hill, Bridge Street, Bakewell, DE45 1DS

Description: Betting shop and premises

Rateable Value: £16,250

We would advise prospective parties to verify the matter with the local rating office.

Planning

The property was most recently used as a betting office. We would anticipate the property would be suitable for a variety of other retail uses, although we would recommend interested parties make independent enquiries.

Lease Terms

The property is available on a new lease on terms to be agreed.

Rent

£35,000 per annum. We are informed VAT is payable on the rent.

The client may consider agreeing a deal to include the upper floors (additional 996 sq ft upper limit as provided on the available size) if required.

Ground floor shop accommodation

Located on the corner of Bridge Street and Water Street (Bakewell) within a popular historic town

Most recently occupied by William Hill, however other uses may be suitable (STC)

High footfall location benefitting from tourist trade

Potential to include upper floors if required