FOR SALE
04/06/26
3953
18666125 / Rightbiz
A commercial investment comprising a wine bar and restaurant, currently let at £35,000 per annum. The property is arranged over ground floor, mezzanine and basement levels, extending to approximately 2,368 sq ft.
LOCATION
The property is prominently situated on Denmark Street, in the heart of Bristol city centre, just a short distance from Bristol Hippodrome. The surrounding area benefits from strong pedestrian footfall and a vibrant mix of leisure, retail and hospitality operators.
TENURE
The property is to be sold on remainder of a 999 year long leasehold interest, commencing from 2004.
LETTING DETAILS
The property is let at £35,000pa on a 10 year term from May 2025.
There is a tenant only break option and rent review, year 5.
BUSINESS RATES
The rateable value with effect from 2026 is £9,200. 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)
Rating: A (valid until October 2034)
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. We understand that the property is elected for VAT.
VIEWINGS
By appointment with Maggs & Allen.
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.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.