***VERY WELL PRESENTED COFFEE SHOP/CAFE*** Opportunity to acquire a new lease on a ground floor coffee shop/café measuring approximately 845 sq ft located in a busy trading position on Gloucester Road. The property has under gone extensive renovation and is ready for a new tenant to take occupation. Please note there is an ingoing premium sought to include fixtures and fittings of £15,000. Offered to let on an effectively new Full Repairing and Insuring basis.
Very well presented coffee shop/café of approximately 845 sq ft arranged as front customer seating serving area with counter. To the rear there is further seating, WC and ample storage. The property benefits from a rear courtyard garden providing outside seating and forecourt which can be used for parking 1 vehicle.
Situated in a great position on Gloucester Road within close proximity to the Ashley Down Road junction. The property benefits from high levels of footfall and passing traffic throughout the day and evening. Nearby notable occupiers include Dominos, Tinto Lounge, Grounded and Royal Oak.
LEASE DETAILS -
Available to let on a new effectively Full Repairing & Insuring basis.
Each party to incur their own legal costs.
Please note there is an ingoing premium sought for fixtures and fittings of £15,000.
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
BUSINESS RATES -
The rateable value, effective from April 2017, is £5,100. We therefore expect all business eligible for small business rate relief to benefit from full rates exemption at this time (interested parties should enquire with the local authority).
ENERGY PERFORMANCE CERTIFICATE -
EPC rating: D (expires February 2024).
By appointment with Maggs and Allen.
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 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.
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.
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.