North Street, Bedminster, Bristol BS3 1EN

£325,000 - For Sale

  • Let at £25,000pa
  • 7 Year lease
  • North Street, Bedminster



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A tenanted commercial investment property let as a ground floor Deli/Wine Bar let at £25,000pa. The property is situated in a highly sought after location in North Street, Bedminster, within close proximity to The North Street Standard and The Old Bookshop. The current tenants have significantly refurbished the premises and occupy the property on a 7 year term from August 2019 subject to a tenant break and rent review in August 2023.

DESCRIPTION -

An extended ground floor Deli/Wine Bar of approximately. 950 sq ft with additional large beer garden to the rear.
The Deli/Wine Bar is let on a 7 year term from August 2019 at a rent of £25,000pa subject to a review after year 4. The current tenants have significantly refurbished both the inside of the property and more recently the rear beer garden.

LOCATION -

The property is situated in a highly sought after location on North Street, Bedminster. Notable neighbouring occupiers include The North Street Standard and The Old Bookshop.

LEASE DETAILS -

Let to Really Good Wine Bars Limited on a 7 year internal repairing and insuring term from 7th August 2019 at £25,000pa subject to a tenant only 4 year break option and rent review, and a 3 month lease deposit.

TENURE -

The property is available for sale on a new 999 year leasehold interest subject to the occupational lease noted above.

FLOOR PLAN -

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

ENERGY PERFORMANCE CERTIFICATE -

C - Jan 2012

VAT -

All figures quoted are exclusive of vat unless otherwise stated.

VIEWING -

Strictly by appointment with Maggs and Allen only

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.

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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.

Floorplan for North Street, Bedminster, Bristol