Opportunity to acquire a lease on a very well presented restaurant/bar of approximately 1,180 sq ft situated in a highly sought after and prominent position on Millennium Promenade, Bristol Harbourside. The restaurant has been finished to a very high standard and benefits from full commercial extraction, terrace to the front and fantastic views of the waterfront. Offered to let on a new effectively full repairing and insuring basis subject to an ingoing premium of £65,000 to include fixtures and fittings. This is a rare opportunity not to be missed,
Very well presented ground floor restaurant/bar of approximately 1,180 sq ft arranged as open plan dining area and bar providing approximately 40 covers with adjoining toilet facilities, kitchen and storage. To the front is a private terrace offering further seating for approximately 60 customers. This is a rare opportunity not to be missed.
Situated in a highly sought after and prominent position on Millennium Promenade, Bristol Harbourside within close proximity to Brunel's SS Great Britain, M Shed and Millennium Square.
Please note an ingoing premium of £65,000 is sought to include fixtures and fittings. Inventory available on request.
LEASE DETAILS -
The premises are offered to let on an effectively new full repairing and insuring basis. Each party to incur their own respective legal fees.
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied on.
BUSINESS RATES -
The rateable value with effect from April 2022 is £16,500.
ENERGY PERFORMANCE CERTIFICATE -
EPC rating: TBC
By appointment with Maggs & Allen.
Please note that VAT is applicable to the property.
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 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 property is also available to purchase on a long leasehold basis for £460,000.