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Cafe to rent

North Street, Southville, Bristol

£18,000 pa
755 sq. ft.

Property Description

Commercial information

  • 755 sq ft (70 sq m)
  • Use class orders: A3 Restaurants and Cafes

Full description

Fully fitted restaurant comprising 800sqft situated in a prime position in North Street within close proximity to 'The Lounge café/bar', 'The Hen & Chicken' and various other shops and amenities. An assignment of the current lease is offered subject to an ingoing a premium of £35,000 for fixtures and fittings. Early enquiries are recommended.

Description - A well presented and fully fitted restaurant of approximately 800sqft arranged as customer seating/bar area of approximately 470sqft with additional kitchen, store room and two w/c's. In addition the property benefits from rear access, rear yard and potential for off street parking to the rear. The current tenant is trading as 'Madras Express Indian Restaurant & Takeaway'.

Location - Situated in a prime position on North Street, Southville. Notable neighbouring occupiers include 'the Loungers Caf/Bar', 'The Hen and Chicken', 'Parsons Bakery' and 'Coffee No.1'.

Lease Details - An assignment of the existing Full Repairing and Insuring lease is offered. We are yet to receive a copy of the lease but understand there are approximately 10 years of unexpired term with a rent review in 5 years.

Premium - The premium sought is to include the fixtures and fittings (full inventory available on request).

Floor Plan - The floor plan is provided for indicative purposes only.

Viewings - The currently occupier continues to trade and therefore viewings are strictly by appointment only with Maggs & Allen.

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

Business Rates - The rateable value as per the VOA website is £7,300. Parties are advised to contact the local authority to confirm rates payable. Those eligible for small business rate relief may benefit from full relief.

Energy Performance Certificate - Rating: C

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

Control Of Asbestos Regulations - As per the Control of Asbestos Regulations 2006, 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.

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

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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Property reference 26240275. The information displayed about this property comprises a property advertisement. 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.

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