Commercial Development for sale

Park Street, Clifton, Bristol

Sold STC 4,800 sq. ft. | £1,250,000

Property Description

Commercial information

  • 4,800 sq ft (445 sq m)

Full description

Opportunity to purchase this substantial three storey commercial property, situated in a prime location on one of Bristol's best known High Streets. The terraced freehold property comprises a large ground floor restaurant/bar with an independent first and second floor nightclub, measuring approximately 4,800sqft. The property is to be sold with vacant possession although was previously let producing circa £95,000 per annum, Potential for conversion of the upper parts to residential/student accommodation, subject to obtaining the necessary planning consents. Early enquiries are recommended.

Description - Substantial three storey period investment property situated in a prime trading position on Park Street, where properties of this nature rarely become available. The ground floor is arranged as a spacious restaurant/bar whilst the first and second floors comprise a separate nightclub.

Location - The property is situated in a fantastic position on one of Bristol's best known streets. Park Street boasts a great selection of clothes boutiques, music stores, bars, restaurants, furniture and art galleries which create high volumes of pedestrian footfall and passing traffic.

Accommodation - The accommodation comprises the following approximate areas:

Ground Floor Restaurant/Bar - 190.8Sqm (2,054Sqft) - Consisting of a large open plan restaurant/bar with male and female toilet facilities to the rear.

First Floor Nightclub - 187.9Sqm (2,023Sqft) - Comprising an open plan nightclub with two bars.

Second Floor Nightclub - 66.9Sqm (720Sqft) - Comprising male and female toilet facilities, office and smoking area.

Lease Details - The property was previously let achieving approximately £95,000 per annum although we are informed the property will be sold with vacant possession.

Tenure - Freehold.

Business Rates - The draft 2017 rateable values are as follows:
Ground Floor: £65,000
1st & 2nd Floor: £41,000

Energy Performance Certificate - Rating: TBC

Vat - We understand the property is elected in incur VAT in addition to the figures quoted.

Viewing - 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.

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.


More information from this agent

Nearest stations

  • Clifton Down (0.8 mi)
  • Redland (0.9 mi)
  • Bristol Temple Meads (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Maggs & Allen, Auction, Commercial & Investment

60 Northumbria Drive, Henleaze, Bristol, BS9 4HW

0117 407 2072 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Maggs & Allen, Auction, Commercial & Investment

60 Northumbria Drive, Henleaze, Bristol, BS9 4HW

0117 407 2072 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Clifton Down (0.8 mi)
  • Redland (0.9 mi)
  • Bristol Temple Meads (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Maggs & Allen, Auction, Commercial & Investment

60 Northumbria Drive, Henleaze, Bristol, BS9 4HW

0117 407 2072 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26605375. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Maggs & Allen, Auction, Commercial & Investment. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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