Park Row, Clifton, Bristol, Bristol

£15,800 PA (Fees Apply) - Let Agreed

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

*LEASEHOLD BUSINESS FOR SALE* - An exceptionally well presented and fully fitted café with A3 consent situated within a short distance of the Clifton Triangle and Park Street. The property includes a large basement currently sublet at £12,000 per annum. There is an ingoing premium of £40,000, which will include a full inventory. All the equipment was new and installed within the last year. An assignment of the existing lease is offered or the landlord may consider a new lease.

DESCRIPTION -

Extensively refurbished in the last 12 months is this fully fitted contemporary café. The property benefits from a new floor to ceiling glass frontage, fully equipped kitchen with commercial extractor fan along with tables and chairs. Previously trading as 'Lean Meals' there is large amount of marketing stock, banners, website and social media pages also available.

In addition to the café the lease includes the basement. This is currently sublet as a Studio at £12,000 per annum. We are informed the sub-tenant would like to continue this arrangement.

LEASE DETAILS -

We are informed our client holds a 5 year Full Repairing and Insuring lease from approximately January 2016 with a rent payable of £15,840 per annum + VAT. However, our client currently sublets the basement on a 2 year lease with a rent payable of £12,000 per annum. We understand rates are included within the sub-tenancy.

BUSINESS RATES -

The ratable value with effect from December 2015 for the ground and basement floors combined is £14,250.

LOCATION -

Situated in a convenient location on Park Row within walking distance of the BRI Hospital and Park Street.

VAT -

Please note, VAT is applicable to the rent.

INVENTORY / PREMIUM -

We understand the till and coffee machine is leased, but we understand all other fixtures and fittings within the cafe are to be included. Full details are available on request.

ACCOMODATION -

Cafe: Approximately 473sqft
Store Room - 42sqft
Basement - Approximately 620sqft
plus additional toilets and kitchenette.

ENERGY PERFORMANCE CERTIFICATE -

Rating: C

VIEWINGS -

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.

TENANT APPLICATION -

The ingoing tenant will be charged an application fee of £200 plus VAT (£240 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks.

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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.