A terraced shop of approximately 770 sqft benefiting from secure roller shutters and rear parking. In addition the lease includes a 2 bedroom maisonette above. The maisonette is sublet at £650pcm although we consider the market rent to lie in the region of £850pcm.
The property is offered to let on an assignment of a 10 year term from November 2018, subject to a tenant only break option (and rent review) in October 2023.
DESCRIPTION -
A terraced shop of approximately 770 sqft benefiting from secure roller shutters and rear parking. In addition the lease includes a 2 bedroom maisonette above. The maisonette is sublet at £650pcm although we consider the market rent to lie in the region of £850pcm. The property is offered to let on an assignment of a 10 year term from November 2018, subject to a tenant only break option (and rent review) in October 2023.
LOCATION -
The property is situated in a busy parade on Crow Lane, Henbury. Neighbouring operators include Greggs, St Peter's Hospice and the Co-Operative supermarket.
BUSINESS RATES -
The rateable value with effect from April 2017 is £8,000. We would therefore expect those eligible for small business relief to benefit from 100% rates exemption at this time, but we urge all interested parties to confirm directly with Bristol City Council.
ENERGY PERFORMANCE CERTIFICATE -
Rating: TBC
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
VAT -
All figures quoted are exclusive of VAT unless otherwise stated.
LEASE DETAILS -
The property is offered to let on the assignment of a 10 year fully repairing and insuring term from November 2018, subject to a tenant only break option and rent review in October 2023.
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.
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.
VIEWINGS -
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.