Armidale Place, Montpelier, Bristol

£150,000 - Sold Subject to Contract

  • Commercial Investment
  • Let at £10,500pa
  • Modern Development

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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The above is offered for indicative purposes only and should not be relied upon. Rates will vary lender to lender and subject to the customer’s specific circumstances. Fee’s may also apply.

Property Details

*COMMERCIAL INVESTMENT* A well presented commercial investment of approx. 675sqft trading as a Barbers salon, situated in a modern development on the corner of Cheltenham Road, next door to Boston Tea Party. The shop is let at £10,500pa on a 5 year Full Repairing and Insuring basis, from September 2017 subject to a 3 year break option.

DESCRIPTION -

A modern shop of approximately 695sqft with kitchenette and WC facilities benefiting from air conditioning and a dual aspect retail frontage. The property is let and the tenant is trading as a Barbers salon.

LOCATION -

Situated in a prominent position on the corner of Cheltenham Road and Armidale Place, just a short distance from St James Barton roundabout as well as Gloucester Road and Stokes Croft. Notable neighbouring occupiers include 'Boston Tea Party'.

TENURE -

The long leasehold interest (residue of 125 years) is offered for sale.

TENANCY INFORMATION -

The property is let on a 5 year Full Repairing and Insuring basis from 15th September 2017, subject to a 3 year tenant break option and a £2,000 deposit. The lease is outside of the provisions of the Landlord and Tenant Act 1954. A service charge is applicable which is recoverable from the tenant.

FLOOR PLAN -

The floor plan and measurements are provided are for indicative purposes only and should not be relied upon.

ENERGY PERFORMANCE CERTIFICATE -

Rating: B

VAT -

We are informed VAT is not applicable on this property.

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.

VIEWING -

Strictly by appointment with Maggs & Allen.

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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.