Queen Charlotte Street, Bristol, Bristol

£95,000 - Sold Subject to Contract

DOWNLOAD BROCHURE

Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

How much is your property worth?

Property Details

Modern office investment of approximately 505sqft situated in Bristol City Centre currently let at £5,050 per annum until February 2018 although we feel this is substantially below market level and would suggest a market rent in the region of £7,500 per annum.

DESCRIPTION -

Modern office suite benefitting from communal gas central heating, double glazing, suspended ceiling, communal lift and shared toilet facilities.

LOCATION -

Situated in Bristol City Centre within close proximity of Queen Square, King Street and Welsh Back.

TENANCY DETAILS -

Let on an effectively Full Repairing and Insuring lease (by way of service charge) to VF Services (UK) Limited for a period of 3 years from 13th February 2015 with a passing rent of £5,050pa subject to 3 months rent free at the end of the term.
We feel this is below market level and would anticipate a rent in the region of £7,500pa.

COVENANT STRENGTH -

VF Services (UK) Limited reported a turnover of £13,295,331 for the year ending December 2015 with a profit before taxation of £6,970,967.

NOTES -

Please note that whilst the unit does not currently have a sink fitted, permission can be obtained from the freeholder to install a sink if required, subject to installation costs.

TENURE -

The residue of a 999 year lease.

ENERGY PERFORMANCE CERTIFICATE -

Rating: C.

VIEWING -

By appointment.

-

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.