FOR RENT
15/01/26
2776
16518733 / Rightbiz
This ground floor retail unit offers approximately 750 sq ft of versatile space, featuring an open plan front retail area, ideal for displaying products or services. At the rear of the space, there is a kitchenette and toilet facilities. Further benefits include a private rear courtyard and forecourt. The premises would suit a variety of uses within use class E, subject to consent.
LOCATION
The property is situated in a prime location on Gloucester Road, Bishopston, one of the area's most sought after commercial streets. It forms part of a mixed parade of shops, which benefits from high foot traffic and a vibrant local community. This central position offers excellent visibility and accessibility, making it an ideal spot for businesses looking to attract both local customers and passers-by. The surrounding area is known for its diverse range of shops, cafes, and services, ensuring a steady flow of potential customers throughout the day.
LEASE DETAILS
The shop is offered to let on an effectively new full repairing and insuring basis. Each party to incur their own legal costs.
BUSINESS RATES
The rateable value with effect from April 2023 is £8,000. We therefore would expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.
ENERGY PERFORMANCE CERTIFICATE (EPC)
EPC rating: D (valid until September 2031)
FLOOR PLAN
The floor plan is provided for indicative purposes only and should not be relied upon.
VAT
All figures quoted are exclusive of VAT unless otherwise stated.
VIEWINGS
By appointment.
TENANT APPLICATION FEE
The ingoing tenant will be charged an application fee of £300 plus VAT (£360 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks. Accounts will be requested where available and a deposit and/or personal guarantee may be required.
CONTROL OF ASBESTOS REGULATIONS
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
CODE FOR LEASING BUSINESS PREMISES
We advise all interested parties to refer to the RICS Code for Leasing Business Premises, link available via our website.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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