Prime Bristol Location, Ground Floor Restaurant for Sale with 7 Year Lease
Undisclosed, Bristol
Status:
FOR SALE
Date Submitted:
04/07/25
Advert ID:
2815
Reference:
16521486 / Rightbiz
Call Agent:
Business Details
A ground floor restaurant of approximately 550 ft², recently let on a 7 year term at a rent of £11,700 pa. the lease is subject to annual rp
A ground floor shop let to a restaurant on a new 7 year term at a rent of £11,700pa. The shop measures approximately 550 ft² and is situated close to Staple Hill High Street.
LOCATION
The shop is situated just off the Staple Hill High Street.
TENURE
This is to be confirmed but it is anticipated the shop will be sold on a new 999 year leasehold basis.
TENANCY DETAILS
The shop is let on a new 7 year effectively fully repairing and insuring term, at a rent of £11,700pa. the lease is subject to a annual RPI rent increase and a tenant break clause on the 27th March 2027 (3 year). The lease is subject to a deposit of £1,950 and there director's guarantee. Whilst the garden is not included in the title offered for sale, the tenant has the right to use the rear garden between the hours of 10am and 9.30pm.
BUSINESS RATES
The Rateable Value with effect from April 2023 is £4,800 and therefore we 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)
Rating: D Valid to October 2027.
FLOOR PLAN
The floor plan is provided for indicative purposes only and should not be relied upon.
PHOTOS
Please note these are library photos whilst the unit is being refurbished. The photographs will be updated in due course.
VAT
All figures quoted are exclusive of VAT unless otherwise stated.
VIEWINGS
By appointment.
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.
Contact Agent
Telephone:
Registered Buyers only »Agent Name:
Registered Buyers only »Advert Reference:
16521486 / RightbizEmail:
Registered Buyers only »Listing Statistics
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