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Cafe for sale

St Thomas Street, Redcliffe, Bristol

775 sq. ft.

Property Description

Commercial information

  • 775 sq ft (71 sq m)
  • Use class orders: A3 Restaurants and Cafes

Full description

*LEASEHOLD BUSINESS FOR SALE* Fully fitted city centre café of approximately 775sqft (Gross Internal Area) situated just off St Mary Redcliffe Roundabout in a central position. The property is within walking distance of Welsh Back and situated in an established business location. An assignment of the existing lease is offered at a rental price of £11,055 per annum.

Description - A fully fitted caf/sandwich shop situated in a modern complex offering refreshments, breakfasts and sandwiches to the busy office environment surrounding the property.

Lease Details - Available on an assignment of a 15 year lease dated 1st February 2010. We understand the lease is on conventional Full Repairing and Insuring terms (subject to service charge). We understand the rent was revised in February 2015 to £11,055p.a and is subject to 5 yearly rent reviews. We understand the service charge currently stands at approximately £682.28p.a. A copy of the lease is available on request.

Premium - There is an ingoing premium sought to include fixtures and fittings of £18,000.

Business Rates - The ratable value with effect from April 2010 is £11,790.

Planning - We are informed the property benefits from a retail consent and has been running as a Cafe/Sandwich shop for several years. Should an ingoing party require further consents including A3 with extraction then i understand the landlord would consider such subject to all the necessary consents and permissions.

Energy Performance Certificate - Rating: B.

Signage - Planning consent has been obtained for the erection of a 'halo illuminated projecting sign', details available on request.

Vat - All figures quoted are exclusive of vat unless otherwise stated.

Legal Costs - Each party to incur their own legal costs.

Viewings - As an actively trading business, viewings are strictly by appointment with Maggs & Allen.

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.

Tenant Application - The ingoing tenant will be charged an application fee of £200 plus VAT (£240 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks.

The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of this property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
These particaulrs including all measurements, plans, dimensions and photographs are provided for guidance purposes only and any intending purchaser or lessee should make their own enquiries.

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