Opportunity to purchase a well presented ground floor corner retail unit of approximately 340sqft located on Fishponds Road. The shop is currently let to a hairdressers on the remainder of a 5 year Full Repairing and Insuring lease from December 2016 at a passing rent of £6,000pa. We feel the shop is currently underlet and a rent in the region of £7,200pa would be achievable. A fantastic high-yielding commercial investment.
A well-presented ground floor commercial investment, currently trading as a hairdressers and let producing £6,000pa. The unit comprises a main retail/customer area with kitchenette and toilet facilities to the rear.
The shop is situated on Fishponds Road near the junction for Lodge Causeway providing easy access to the Bristol City Centre, M32, Staple Hill, Downend and Kingswood. Nearby notable occupiers include Kwik Fit, Morrisons and Lloyds Bank.
To be sold on the remainder of a 999 year lease.
TENANCY DETAILS -
The shop is currently let to a hairdressers on the remainder of a 5 year Full Repairing and Insuring lease from December 2016 as a passing rent of £6,000pa.
BUSINESS RATES -
The rateable value with effect from April 2017 is £5,100. We therefore would expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.
ENERGY PERFORMANCE CERTIFICATE -
Rating: G (expires January 2023)
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
All figures quoted are exclusive of VAT unless otherwise stated.
Strictly by Appointment with Maggs and 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 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.