Regent Street, Kingswood, Bristol

£15,000 PA - To Let

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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

***PIZZA RESTAURANT/TAKEAWAY WITH 3 BEDROOM ACCOMMODATION ABOVE*** Opportunity to lease this fully fitted, trading restaurant/takeaway of approximately 900sqft on the busy Kingswood High Street, Bristol. The ground floor is fully fitted ready for a new tenant to take occupation. Further benefits include accommodation above, rear access, designated parking and storage. Please note an ingoing premium is sought of £75,000 and the property is offered to let on the basis of a new Full Repairing and Insuring Lease.

DESCRIPTION -

Very well-presented trading restaurant/takeaway of approximately 900sqft benefiting from additional first floor accommodation. The property comprises an open plan seating area with a front serving counter, kitchen and toilet facilities.

LOCATION -

Situated on Regent Street, the busy High Street in Kingswood within close proximity to the Kings Chase Shopping Centre. Other notable occupiers include 'Subway', 'St Peters Hospice' and 'Sainsburys' as well as various well-known banks, local retailers and eateries.

ACCOMODATION -

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

Restaurant/Takeaway -

A3 unit of approximately 900sqft benefiting from a fully fitted kitchen.

First Floor -

2-3 bedrooms, kitchen and shower room.

Second Floor -

Large open loft room

PLANNING -

We understand that the property benefits from A3/A5 (restaurant/takeaway) consent.

PARKING -

We are informed there is designated parking to the rear of the property allocated to this unit.

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LEASE DETAILS -

Offered to let on the basis of a new long term Full Repairing and Insuring lease on the following basis:
Year 1 - £15,000pa
Year 2 - £16,500pa
Year 3 - £18,000pa

Rent reviews every 3 years.

PREMIUM -

There is an ingoing premium sought to include the fixtures and fittings of £75,000. A full inventory can be provided on request.

OPENING TIMES -

We are informed there has recently been an extension to the opening times granted to allow an occupier to open until 1am Monday - Thursday and until 4am Friday and Saturday should they wish.

BUSINESS RATES -

The rateable value as per the VOA website is £18,750.

ENERGY PERFORMANCE CERTIFICATE -

Rating: C

VAT -

All figures quoted are exclusive of VAT unless otherwise stated.

TENANT APPLICATION FEE -

The ingoing tenant will be charged an application fee of £250 plus VAT (£300 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks. Accounts will be requested where available and a deposit and/or personal guarantee may be required.

VIEWING -

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 the interested parties to make their own enquiries.

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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.