A centrally located second floor office of approximately 510 ft² with additional toilet facilities, benefiting from a secure and allocated parking space, intercom system, intruder alarm, electric panel radiators and double glazing. The office has recently been refurbished and is available for sale on a long leasehold basis with vacant possession at £150,000, it is also available to let at £900pcm (£10,800pa).
The office is located within close proximity of the thriving Finzels Reach development and Bristol Bridge in central Bristol, in an area which has undergone significant redevelopment which is now home to occupiers such as Ashfords, Thrings, Osborne Clark and the BBC.
DESCRIPTION -
A centrally located second floor office of approximately 510 ft² with additional toilet facilities, benefiting from a secure and allocated parking space, intercom system, intruder alarm, electric panel radiators and double glazing. The office has recently been refurbished and is available for sale on a long leasehold basis with vacant possession at £150,000, it is also available to let at £900pcm (£10,800pa).
LOCATION -
The office is situated in a central position close to Finzels Reach overlooking Castle Park. Neighbouring occupiers include the BBC, Thrings, Ashfords and Osbourne Clark.
SERVICE CHARGE -
We understand the service charge is approximately £120pcm.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: C (valid to July 2033)
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
LEASE DETAILS -
The offices are available to let on an effectively fully repairing and insuring basis and are also available for sale at £150,000 (on a long leasehold basis, approx. 963 years remaining).
TENANT APPLICATION FEE -
On a rental basis, 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.
BUSINESS RATES -
The Rateable Value with effect from April 2023 is £6,400. 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.
VIEWINGS -
By appointment.
VAT -
All figures quoted are exclusive of VAT unless otherwise stated. However, we understand the suite is not opted to incur VAT.
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.
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.
