Office for sale in Clarence Street, Bath BA1, £690,000

690,000.00

Offer Nr.:
61175282
Type of ad:
for Sale
Property type:
Office
Contact name:
Derek Walker Chartered Surveyors
Phone(s):
01225 288610

The Old Malthouse is in an elevated position on a quiet street yet close to
the London Road. It is a very substantial stone building with a modern west
entrance serving the two upper suites of offices.
Vehicular access from London Road is via Thomas Street into Clarence Street,
or from the west by Margaret's Hill into Pera Road. There is some on street
parking in the surrounding roads and the city centre is within 10 minutes'
walk.
The suite for sale has a gated parking area at the west end with room for up
to 3 cars when gates are open.
From the glazed entrance wide stairs, with a security shutter, lead to Level
6. The accommodation was open - plan when refurbished in the late 1980s but has
been divided since to provide:
Waiting Area; North Studio: 20m x 5. 33m; East Office: 5. 83m x 5. 41m; Private
Office: 3. 23m x 4. 23m; South Studio/Library: 10m x 4. 28m.
There are 4 WCs, a kitchen and store.
Internal stairs at both ends lead up to Level 7.
This has been partitioned to create 3 Office Rooms at the west end and a
Conference Room and store at the east end. Between is the Gallery Area which
looks down over the North Studio below.
Level 6: 232m2 2, 500 sq ft
Level 7: 95m2 1, 018 sq ft
Floorspace at 1. 5m height: 32m2 342 sq ft
**Business rates**
Rates payable in 2023 - 24 are £18, 712. 50 (based on the 2023 rateable value of
£37, 500).
**Price**
The 999 year lease (from 25 December 1987) is for sale at £690, 000 (no VAT).
There is a £50 per annum fixed ground rent and the leaseholder pays 16. 68% of
the service charge covering external repair and insurance of the whole
building.
EPC: Energy Performance assessed at 113 in Band E.
**Viewing**
By prior appointment only, through the joint agents:
Derek Walker, Chartered Surveyors.
Hugh Warren
Carter Jonas:
Maddie Pyles
Philip Marshall
note: Measured to IPMS3 - Office. We have not tested any equipment or services.
Applicants should arrange for their own investigations into working order or
suitability. Those travelling to inspect are advised to check availability in
advance. To view our privacy policy please visit our website.
The Old Malthouse, Clarence Street BA1 5NS

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)