A well presented ground floor restaurant extending to approximately 2,000 sq ft. The accommodation is arranged to provide an open plan dining area with bar, a commercial kitchen, storage space, and toilet facilities.
The premises is prominently situated on North Parade in the heart of Yate, a well established and popular retail and leisure destination. The property benefits from a highly visible position within a busy commercial area, surrounded by a mix of national and independent occupiers, generating strong levels of footfall throughout the day and evening.
DESCRIPTION -
The property comprises a well presented ground floor restaurant extending to approximately 2,000 sq ft. The accommodation is arranged to provide an open plan dining area with bar, a commercial kitchen, storage space, and toilet facilities.
Finished to a high standard throughout, the premises offer an attractive and functional layout suitable for a variety of hospitality uses, subject to consent.
LOCATION -
The premises is prominently situated on North Parade in the heart of Yate, a well established and popular retail and leisure destination. The property benefits from a highly visible position within a busy commercial area, surrounded by a mix of national and independent occupiers, generating strong levels of footfall throughout the day and evening.
The location is well served by public transport and road links, with ample nearby parking facilities, making it easily accessible for both customers and staff.
PREMIUM -
A premium of £85,000 is sought to include fixtures and fittings.
LEASE DETAILS -
The premises is available to let by was of a lease assignment with approximately 9 years remaining. The lease is effectively full repairing and insuring, subject to a service charge. The ingoing and outgoing tenants shall each be responsible for their own legal fees, with the landlord's legal fees to be shared equally between them on a 50/50 basis.
We understand the lease benefits from security of tenure.
BUSINESS RATES -
The rateable value with effect from 2026 is £27,500.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
EPC rating: B
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.
