Pub for sale

Clifton Wine Bar, 4, Richmond Terrace, Clifton,, Bristol, Bristol, BS8 1AB

Under Offer £350,000

Property Description

Commercial information

  • Business for sale

Key features

  • Popular & affluent location in Bristol
  • Ground floor bars and dining areas for 100
  • Separate 2 bed owners flat above
  • Advantage of trade gardens to rear
  • Catering kitchens
  • Occupies two leased premises. EPC rating C

Full description

Tenure: Freehold

Description

The Clifton Wine Bar is well known throughout the area which benefits a good sized bar and large trade garden which is a popular addition.

The bar also benefits from a separate 2 bed flat above.

Held on two leases, along with ground lease for the flat and most of the trading area, and a commercial 25-year lease for part of the bar and garden with the option to let a shop area to the front.

Location

The Clifton Wine Bar is set at street level along Queens Road underneath the raised pavement of Richmond Terrace, which is made up of a row of Georgian Houses.

Queens Road is a busy link between Clifton Triangle, Bristol University and historic Clifton Village, areas popular with locals and tourists alike. The property is close to the Bristol Students Union building and Victoria Square with its public garden.

Nearby are some of Bristol’s most iconic landmarks, including Brunel’s Clifton Suspension Bridge, Bristol Zoo and the Observatory.

Internal Details

Main street entrance into an open plan trade area with main bar and alcoves, plus an area for dining. In total there is seating for circa 100 and plenty of standing space. Access to gardens at the rear. Customer toilets are off the main trade area. Commercial kitchen, beer cellar and bottle store off a rear service corridor.

Fixtures & Fittings

For properties being sold with vacant possession, the in-situ trade fixtures and fittings (other than those owned by third parties) will be included. All beer raising equipment is the property of Wadworth and can remain.

External Details

There are two connected trade garden areas accessed by doors at the rear of the trade areas. There is also a private/staff garden area.

Owner's Accommodation

The two-bedroom owner's apartment is at flat No. 4 directly above the premises with access via steps up to pavement level. The flat consists of an entrance hall, 2 bedrooms, shower room, kitchen, and lounge.

The Opportunity

This is a great opportunity to secure a well known licensed property in one of the most sought after areas of Bristol. There is scope to further develop and maximise the current trading style.

The site is operating under a tenancy at will agreement with vacant possession available on completion.

Trading Information

The pub is being sold without the benefit of any trading information as it was previously operated under tenancy and Wadworth's did not have access to the previous tenants' trading data.

Trading Hours

Currently operated Monday to Thursday 16.00 to 23.00
Friday & Saturday 12.00 to midnight & Sunday from 12.00 to 22.30

Business Rates

The current rateable value is £17,250 according to the VOA list 2017.

Regulatory

The premises are held on two leases. The majority of the bar and the flat are on a 999 lease which commenced in 1987 with a peppercorn rent. A smaller area including part of the garden and a vacant shop is held on a 25-year commercial lease until 2034 with rent payable of £15,000.

The premises hold a premises licence.

VAT at the prevailing rate may be charged on 90% of the purchase price where there is living accommodation. On lock-up premises, VAT at the prevailing rate may be charged on 100% of the purchase price.


More information from this agent

Nearest stations

  • Clifton Down (0.6 mi)
  • Redland (1.1 mi)
  • Bedminster (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Bristol

Embassy House Queens Avenue, Clifton, Bristol, BS8 1SB

0117 407 0138 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 (0.6 mi)
  • Redland (1.1 mi)
  • Bedminster (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Bristol

Embassy House Queens Avenue, Clifton, Bristol, BS8 1SB

0117 407 0138 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.

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