Whiteladies Road, Clifton, Bristol

£26,500 PA (Fees Apply) - To Let

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

*LEASEHOLD BUSINESS SALE* A very well-presented and fully fitted restaurant over two storeys with additional staff accommodation. The property is situated in a prime position on Whiteladies Road, Clifton. The restaurant boasts gas central heating, air conditioning, a fully fitted kitchen and is offered for sale on a recently renewed 15 year lease, with an annual rent payable of £25,000 per annum. A premium of £65,000 is sought for the business and inventory.

DESCRIPTION -

A well-presented restaurant of approximately 960sqft providing approximately 60 covers with an additional first floor of 390sqft providing covers for a further 30. The property benefits from male and female customer toilets, a fully fitted kitchen, store rooms and staff accommodation to the first floor.

LOCATION -

Situated in a prime position on Whiteladies Road in Clifton within a stones throw of the Durdham Downs.

TENURE -

We understand our client has recently renewed their lease having been in occupation for approximately 8 years. A new 15 year Full Repairing and Insuring lease has been agreed subject to 5 yearly rent reviews. The current rent is set at £25,000p.a. A copy of the lease is available on request.

ACCOUNTS / INVENTORY -

A full inventory and copy of the accounts is available on request.

BUSINESS RATES -

The rateable value as per the VOA website is £21,750. Parties are advised to contact the local authority to confirm rates payable.

VIEWINGS -

Strictly by appointment with Maggs & Allen.

ENERGY PERFORMANCE CERTIFICATE -

Rating: D

VAT -

All figures quoted are exclusive of vat unless otherwise stated.

LEGAL COSTS -

Each party to incur their own legal costs with the landlords cost to be split equally between the outgoing and ingoing tenant.

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 FEE -

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. The assignment of the lease will be subject to landlords approval.

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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.