An incredibly well presented and fully fitted restaurant situated in a prime position on Gloucester Road, Bishopston. The restaurant measures approximately 1,000 ft² with additional rear courtyard, and benefits from full commercial extraction and a fully equipped kitchen. The lease also includes a spacious 3 bedroom first floor flat with roof terrace which can be sub let if required.
The lease is available for assignment subject to an ingoing premium of £85,000 to include a full inventory. The existing business can also be included if required and accounts are available on request.
DESCRIPTION -
An incredibly well presented and fully fitted restaurant situated in a prime position on Gloucester Road, Bishopston. The restaurant measures approximately 1,000 ft² with additional rear courtyard, and benefits from full commercial extraction and a fully equipped kitchen. The lease also includes a spacious 3 bedroom first floor flat with roof terrace which can be sub let if required.
The lease is available for assignment subject to an ingoing premium of £85,000 to include a full inventory. The existing business can also be included if required and accounts are available on request.
LOCATION -
The restaurant is situated in a highly sought after trading position on Gloucester Road opposite The Promenade. Neighbouring occupiers include the Blue Lagoon Bar, Costa Coffee, Coffee Lab and Kal Dosa.
LEASE DETAILS -
Available for assignment on the residue of a 20 year fully repairing and insuring term from 2018 subject to 5 yearly rent reviews (a rent review is currently pending).
PREMIUM -
The lease is available for sale subject to an ingoing premium of £85,000 to include a fully inventory. The business (The Dough Kitchen Limited) can also be included if required and accounts are available on request.
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.
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.
BUSINESS RATES -
The Rateable Value with effect from April 2023 is £14,250.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: B valid to March 2031.
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.
VIEWINGS -
By appointment.
