The Square, Staple Hill, Bristol BS16 5LR

£139,950 - For Sale

  • Tenanted Investment
  • Let at £11,500pa
  • Approx. 750 SQ FT

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

A tenanted end of terrace shop/office of approximately 750 sq ft situated in a busy shopping precinct in Staple Hill, Bristol. The shop is let on an effectively full repairing and insuring basis at £11,500pa (plus service charge and VAT) for 7 years from October 2020 subject to a 3 year tenant only break option and upwards only market rent review. There is also a 6 month lease deposit.

DESCRIPTION -

An end of terrace shop of approximately 750 sq ft situated in a busy shopping precinct in Staple Hill. The shop has been recently let on a new 7 year term at £11,500pa.

LOCATION -

The shop is located within an established retail precinct known as The Square, Broad Street, Staple Hill. Nearby notable occupiers include Iceland, Tesco Metro and Greggs.

BUSINESS RATES -

The shop is currently rated to include 7 & 8 The square with a rateable value of £19,750 with effect from April 2017.

ENERGY PERFORMANCE CERTIFICATE (EPC) -

EPC Rating: E.

LEASE DETAILS -

The shop is let from October 2020 at a rent of £11,500pa+VAT and service charge, for a period of 7 years, subject to a tenant only break and upwards only market rent review at year 3. There is also a 6 month lease deposit.

VAT -

Please note, VAT is applicable to the purchase price but our client would consider a sale to be treated as a Transfer Of a Going Concern (TOGC).

FLOOR PLAN -

The floor plan is provided for indicative purposes only and is not to be relied on.

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.

VIEWINGS -

Strictly by Appointment with Maggs and Allen

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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.