FOR SALE
28/09/26
4213
18762829 / Rightbiz
An excellent opportunity to acquire a well presented retail/office investment in Clifton. The shop provides approximately 1,700 ft² and has been refurbished to a high standard to include LED lighting, air conditioning, and modern kitchen and toilet facilities. In addition, the premises benefit from additional cellar storage and pedestrian rear access.
The property is let to Howden Insurance Brokers who we understand acquired the business of the previous tenant, A-Plan. The lease is drafted on an internal repairing and insuring basis, plus service charge, on a 5 year term from June 2025, at a passing rent of £31,250 per annum.
LOCATION
The shop is situated in a prime trading position in Clifton, on Whiteladies Road within close proximity to Clifton Down Train Station.
Neighbouring occupiers include The Sofa Library and Richer Sounds.
TENURE
The property is offered for sale on the residue of a 250 year term (from October 2013) and is subject to a nominal ground rent of £10 per annum. A copy of the Head Lease is available on request.
LEASE DETAILS
The shop is let to A-Plan Holdings Limited (which we understand is now owned by Howden UK&I Holdings Limited), on a 5 year term from 4th June 2025, at a passing rent of £31,250pa on an internal repairing and insuring basis, plus service charge. There are no break options or rent reviews during the term. A copy of the lease is available on request.
The parent company, Howden Group Holdings Limited, reported revenue of between £3.6 billion and £4.2 billion for its 2025 financial period.
ENERGY PERFORMANCE CERTIFICATE (EPC)
Rating: C - valid to September 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 the property is opted for VAT. We would therefore expect the sale to be treated as a Transfer Of a Going Concern.
VIEWINGS
Viewings are strictly by appointment only.
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 recommends that all interested parties make their own enquiries.
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