The Ivy, 39 Milsom Street, Bath
Prime Restaurant Investment on New 25 Year Lease
It was an extremely rare opportunity to purchase a 100% prime Freehold property in central Bath, where the majority of the commercial core ownership is held by just 5 major landlords
New lease to The Ivy on a Full Repairing and Insuring lease with 25 years unexpired and no break option.
The building was formerly Natwest Bank which, alongside Bruce Gillingham Pollard, our client asset managed to provide a newly ftted out ﬂagship Ivy restaurant in this historic and busy trading location.
Working with both the existing tenant and the new lease to The Ivy Bruce Gillingham Pollard were able to achieve maximum value and receipts for our client.
Legal & General Real Assets manages £21.4bn in assets under management across 19 funds or vehicles. As one of the most active institutional real assets fund managers in the UK, they offer exceptional and comprehensive access across markets, sectors, and locations with the aim to provide sustainable and innovative investment opportunities.