The Mall, Clifton, Bristol

£79,950 - Sold Subject to Contract

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

*BUSINESS FOR SALE* Well presented and fully fitted restaurant (approx 520sqft) with additional basement kitchen and customer toilets. Situated in a prime position in Clifton village next to the 'Cote Brasserie' and a stones throw of 'The Ivy' restaurant. An assignment of the existing lease is offered with a rent payable of £18,500 per annum and a premium of £79,950 to include a full inventory. Early enquiries are recommended.

DESCRIPTION -

A rare opportunity to acquire the lease on this fully fitted corner restaurant with additional basement, providing customer toilets, kitchen and stores.

LOCATION -

Situated in a highly popular position in Clifton Village. Notable neighbouring occupiers include 'Cote Brasserie' and St Vincent's.

LEASE DETAILS -

An assignment of the existing lease is offered. The premium includes a full inventory, available on request. The lease runs from September 2006 - September 2021 with a passing rent of £18,500 per annum (subject to rent reviews) on a Full Repairing and Insuring basis.

PREMIUM -

A premium of £79,950 is sought for the assignment of the lease to include a full inventory (full list available on request).

BUSINESS RATES -

The ratable value with effect from April 2010 is £14,750.

ENERGY PERFORMANCE CERTIFICATE -

Rating: D.

VAT -

Our client informs us the property is not liable to incur VAT.

VIEWINGS -

As an actively trading business viewings are strictly 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.

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Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.