17, Gloucester Road North, Filton, Bristol, BS7 0SG

£135,000 - For Sale

  • Commercial investment
  • Let at £10,800pa
  • Busy location
  • Approximately 380 sq ft

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Commercial investment comprising a ground floor retail unit of approximately 380 sq ft located within a mixed parade of shops on Gloucester Road North.. The shop will be sold let to a barbers on the basis of a new 10 year lease at a passing rent of £10,800pa. The property is arranged as an open plan shop space with adjoining toilet facilities. To be sold on a new 999 year long leasehold basis subject to the occupational commercial lease.

DESCRIPTION -

Commercial investment comprising a ground floor retail unit of approximately 380 sq ft arranged as open plan shop space with adjoining toilet facilities. The shop will be sold let on a new 10 year lease to a barbers with a passing rent of £10,800pa.

LOCATION -

Situated in a mixed parade of shops on Gloucester Road North within close proximity to Filton Avenue and Gloucester Road. Nearby notable occupiers include Domino's Pizza, The Salvation Army and Greggs.

TENURE -

To be sold on a new 999 year long leasehold basis.

LEASE DETAILS -

The shop is to be sold let on the following basis:
£10,800pa
10 year lease
Tenant only break options, end of years 3 & 6
Upwards only to open market rent reviews, end of years 3 & 6
3 months deposit

FLOOR PLAN -

The floor plan is provided for indicative purposes only and should not be relied on.

BUSINESS RATES -

The rateable value for the whole ground floor which needs to be separated and re rated with effect from April 2023 is £7,400. We therefore would expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.

ENERGY PERFORMANCE CERTIFICATE -

EPC rating: C (expires December 2032)

VIEWINGS -

By appointment with Maggs & Allen.

VAT -

All figures quoted are exclusive of VAT unless otherwise stated.

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.

Floorplan for Gloucester Road North, Filton, Bristol