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Cafe to rent

Whiteladies Road, Clifton, Bristol

1,350 sq. ft. | £25,000 pa| £2,083 pcm

Property Description

Commercial information

  • 1,350 sq ft (125 sq m)
  • Use class orders: A3 Restaurants and Cafes

Full description

*LEASEHOLD BUSINESS SALE* A very well-presented and fully fitted restaurant over two storeys with additional staff accommodation. The property is situated in a prime position on Whiteladies Road, Clifton. The restaurant boasts gas central heating, air conditioning, a fully fitted kitchen and is offered for sale on a recently renewed 15 year lease, with an annual rent payable of £25,000 per annum. A premium of £80,000 is sought for the business and inventory.

Description - A well-presented restaurant of approximately 960sqft providing approximately 60 covers with an additional first floor of 390sqft providing covers for a further 30. The property benefits from male and female customer toilets, a fully fitted kitchen, store rooms and staff accommodation to the first floor.

Location - Situated in a prime position on Whiteladies Road in Clifton within a stones throw of the Durdham Downs.

Tenure - We understand our client has recently renewed their lease having been in occupation for approximately 8 years. A new 15 year Full Repairing and Insuring lease has been agreed subject to 5 yearly rent reviews. The current rent is set at £25,000p.a. A copy of the lease is available on request.

Accounts / Inventory - A full inventory and copy of the accounts is available on request.

Business Rates - The ratable value with effect from April 2010 is £22,500.

Viewings - Strictly by appointment with Maggs & Allen.

Energy Performance Certificate - Rating: D

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

Legal Costs - Each party to incur their own legal costs with the landlords cost to be split equally between the outgoing and ingoing tenant.

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 Fee - 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 assignment of the lease will be subject to landlords approval.

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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