FOR RENT
30/06/26
4012
18619663 / Rightbiz
A fully fitted cocktail bar of approximately 1,720 ft² arranged over ground and basement, with the benefit of an on and off Premises License, located adjacent to Bristol Hippodrome in Bristol City Centre.
The lease is available for sale subject to an ingoing premium of £50,000 to include a full inventory, subject to a rent of £23,153+VAT per annum,
LOCATION
The bar is located adjacent to Bristol Hippodrome on Denmark Street in the city centre. We understand Denmark Street is due to be closed to private vehicles and partially pedestrianised later this year.
ENERGY PERFORMANCE CERTIFICATE (EPC)
Rating: C - valid to April 2031
BUSINESS RATES
The Rateable Value with effect from 2026 is: £22,000.
LEASE DETAILS
The premises is offered for sale on an assignment of the current term, which is drafted for a term of 6 years from December 2025, at a rent of £23,153+VAT per annum (plus service charge of £6,815+VAT per annum), on an effectively fully repairing and insuring basis. The rent is subject to a 5% annual increase, and the service charge 3%, and insurance rent by 9%. We understand the landlord would however, consider granting a new/longer term if required. The lease is subject to a £5,000 deposit which will be required from the purchaser.
PREMIUM
An ingoing premium of £50,000 is sought for the lease, license and equipment.
VAT
All figures quoted are exclusive of VAT unless otherwise stated.
FLOOR PLAN
The floor plan is provided for indicative purposes only and should not be relied upon.
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.
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.
VIEWINGS
By appointment.
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