Formerly trading as the Banco Lounge, we are delighted to bring to market this prominent cafe/wine bar of approximately 1,500 sq ft with additional beer cellar. The cafe/wine bar is mostly fully fitted with commercial extraction and the inventory is available subject to a premium of £15,000. The property fronts Wells Road, Totterdown, on the junction with St John's Lane within easy reach of Bristol Temple Meads Train Station. Offered to let on a new internal repairing and insuring basis, subject to service charge.
A prominent and well established cafe/wine bar of approximately 1,500 sq ft which we understand was one of the first Loungers to have opened. The kitchen equipment, tables, chairs etc, all available subject to an ingoing premium of £15,000.
The unit benefits from male, female and disabled toilet facilities, kitchen and washing up area, bar and restaurant areas, rear access and beer cellar.
Situated on the junction of Wells Road and St John's Lane within close proximity of Tesco Express.
LEASE DETAILS -
The property is available to let on a new internal repairing and insuring basis, subject to a service charge to recover costs in respect of the building maintenance. Each party to incur their own respective legal fees.
We understand the current service charge payable is £5,650pa.
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
ENERGY PERFORMANCE CERTIFICATE -
CODE FOR LEASING BUSINESS PREMISES -
We advise all interested parties to refer to the RICS Code for Leasing Business Premises, link available via our website.
Strictly by appointment with Maggs and Allen only
BUSINESS RATES -
The rateable value with effect from April 2010 is £17,500. However, we would expect rates relief to be available for retail, hospitality or leisure businesses due to coronavirus. We therefore advise all interested parties to confirm directly with Bristol City Council.
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 as part of the Money Laundering Regulations, we will require all prospective tenants to provide the necessary identification documents.
CONTROL OF ASBESTOS -
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 endeavours 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.