A well presented and spacious double fronted retail unit of approximately 1,660sqft. The shop is predominantly open plan with two partitioned areas with a rear kitchen and toilet. The shop is available from approximately January 2018.
35 Colston Avenue contains 132 student studio flats with the retail/office unit to the ground floor. The property is situated in Bristol City Centre which has recently undergone significant investment and reconfiguration.
We understand the property can be used for A1 although other uses may be considered subject to planning and landlord approval.
The shop is available by way of a lease assignment on an effectively Internal Repairing and Insuring lease for a term of 10 year lease from September 2015 with a tenant only break clause in September 2020. The current passing rent is £23,000pa+VAT which we feel is below that of market level. Therefore, our client has requested that the ingoing tenant provides an undertaking to cover his legal and agent fees and the landlords legal fees.
The rateable value with effect from April 2017 is £20,750.
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.
We are informed VAT is applicable.
Strictly by appointment with Maggs & Allen.
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.
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.