***GROUND FLOOR RETAIL UNIT & BASEMENT***
An end of terrace retail unit of approximately 640 sq ft with additional basement level situated on Two Mile Hill Road, Kingswood within close proximity to Regent Street. Offered to let on an effectively new full repairing and insuring basis. Please note the unit is also available for sale with an asking price of £150,000.
A ground floor retail unit of approximately 640 sq ft with basement, forecourt, kitchenette and toilet facilities to the rear.
The property is situated on the corner of Two Mile Hill Road and John Street, Kingswood, within close proximity to the shops and amenities on the main Kingswood High Street. Nearby notable occupiers include Pizza Hut and Swinton Insurance. Easy access to the Bristol City Centre is provided via the A420.
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 as per the VOA website is £6,600.
We would expect those eligible for small business relief to benefit for 100% exemption at this time. However we advise all interested parties confirm this with the local authority.
LEASE DETAILS -
Offered to let on the basis of an an effectively new full repairing and insuring basis.
Each party to incur their own legal costs.
ENERGY PERFORMANCE CERTIFICATE -
EPC rating: C (expires January 2029)
By appointment with Maggs & Allen.
All figures quote 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.
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 the 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.
Please note the shop is also available for sale with an asking price of £150,000.