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.
TENURE -
The property is available for sale on a new 999 year leasehold interest subject to the occupational lease noted above.
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.
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.
The Ministry of Housing Communities & Local Government have confirmed the housing market remains open.
All of our departments will be open for business as usual but please be assured that stringent measures are being followed to ensure of the safety of all our clients and staff.
We will continue to offer both physical and virtual valuations and viewings for residential, auction, commercial and lettings as will at our full range of RICS surveys.
If we can be of any assistance please get in touch:
Henleaze: 0117 949 9000 Clifton: 0117 973 4940
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Stamp Duty To Pay
£10,000.00
Effective Rate
2.5%
Tax Band
%
Taxable Sum
Tax
* The calculated figures are offered as a guide only. We advise interested parties to seek advice
from their legal representative.
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Stamp Duty To Pay
£0.00
Effective Rate
2%
Tax Band
%
Taxable Sum
Tax
* The calculated figures are offered as a guide only. We advise interested parties to seek advice
from their legal representative.