*CONFIDENTIAL LEASE SALE*
An exceptionally well presented restaurant, recently completed to a high standard throughout with an entirely new, contemporary fit out. The property situated in highly desirable position on Whiteladies Road, one of Bristol’s most prestigious and vibrant streets.
DESCRIPTION -
*CONFIDENTIAL LEASE SALE*
An exceptionally well presented restaurant, recently completed to a high standard throughout with an entirely new, contemporary fit out. The premises measures approximately 1,032 sq ft arranged as a welcoming front dining area with an open plan kitchen, disabled access WC and rear storage area.
Key highlights of the property include a state of the art commercial extraction system, kiosk ordering system and a professionally equipped fully fitted kitchen, ready for immediate operation. This opportunity is ideal for operators seeking a high quality premises in a busy and desirable location.
The lease is available subject to an ingoing premium of £100,000 to include fixtures and fittings.
LOCATION -
The property occupies a prime and highly desirable position on Whiteladies Road, one of Bristol’s most prestigious and vibrant streets. It benefits from close proximity to Clifton Down Shopping Centre, offering a wide range of shops, supermarkets, cafés, and other amenities. This sought after area is also well served by public transport and enjoys a strong footfall throughout the day and evening.
LEASE DETAILS -
The premises is available to let on the remainder of a 15 year lease from September 2024, subject to 5 yearly tenant break options and rent reviews. We understand the lease is granted within sections 24 - 28 of the landlord and tenant act 1954 and therefore has the benefit of security of tenure.
PREMIUM -
The lease is subject to an ingoing premium of £100,000 to include fixtures and fittings.
BUSINESS RATES -
The rateable value with effect from April 2023 is £24,500. Interested parties are advised to confirm rates payable with the local authority.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
EPC rating: C (valid until October 2028).
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 with Maggs & Allen.
TENANT APPLICATION FEE -
The ingoing tenant will be charged an application fee of £300 plus VAT (£360 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.
