A well positioned mid terrace retail unit extending to approximately 1,203 sq ft, situated on Arnside Road, Southmead. The property is arranged with a front retail area, leading to a rear kitchen/preparation area, along with storage space and WC facilities.
DESCRIPTION -
A well positioned mid terrace retail unit extending to approximately 1,203 sq ft, most recently occupied as a takeaway. The property is arranged with a front retail area, leading to a rear kitchen/preparation area, along with storage space and WC facilities.
The layout is practical and adaptable, making it suitable for a range of uses, subject to consent.
LOCATION -
The property is situated on Arnside Road, Southmead. Arnside Road benefits from steady footfall and good local visibility, with a mix of independent retailers, takeaways, and community services in the immediate vicinity.
LEASE DETAILS -
The shop is available to let on a new Full Repairing and Insuring Lease. Each party to incur their own respective legal fees.
PREMIUM -
Please note the lease is subject to an ingoing premium of £10,000 to include fixtures and fittings.
BUSINESS RATES -
The rateable value with effect from April 2023 is £10,250. 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) -
EPC rating: C (valid until February 2029).
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.
