7 King Street, Bakewell, DE45

Summary

DOUBLE FRONTED TOWN CENTRE RETAIL PREMISES WITH ANCILLARY UPPER LEVELS

Location

The property is located within the centre of Bakewell in the heart of the Peak District. Bakewell is a busy market town with an active shopping area particularly popular with tourists. 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 fronting onto King Street, opposite Costa Coffee. Other nearby occupiers include Orvis, Rohan, Studio 10 Kitchen & Interior Showroom, and Bakewell Antiques & Work of Art.

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: 5 King Street, Bakewell, Debyshire, DE45 1DZ

Description: Shop and premises

Rateable Value: £21,250

Please note the rating assessment appears to have the incorrect numbered address for the property. We would advise prospective parties to verify the matter with the local rating office.

Lease Terms

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

Rent

£22,500 per annum.

Attractive stone building over three levels

Located on King Street (Bakewell) within a very popular historic market town

Positioned opposite Costa Coffee and nearby a variety of other retail occupiers

Most recently utilised for A1 Retail Use, however other retail uses may be suitable (STC)