{"loaderData":{"0-6":{"propertyListing":{"building":{"id":"749344245031937","summary":"Long leasehold investment property locate din popular area of Stokes Croft. Ground floor of 803 sq ft with 1 car parking space. Leton an effectively fri lease (via service charge) for a5 years from 13th June 2025, with a tenant break option on 3rd anniversary. Reduced asking price of £175k.","archived":false,"description":"Location

Bristol is the 5th largest conurbation in the UK and capital of the Southwest, situated approximately 120 miles West of London, 88 miles South of Birmingham and 78 miles North of Exeter.

Excellent road communications are provided with the M5/M4 motorway interchange situated 5 miles North of the City Centre. The M32 motorway provides a fast link from the City Centre to Junction 19 of the M4, 5.5 miles to the Northeast. The M48 and M49 motorways give access to South Wales via both Severn crossings.

Situation

Situated in a great position on Stokes Croft in a mixed parade of shops, cafes and restaurants. Nearby occupiers include Pinkmans, Pieminister and Love Inn.

Stokes Croft is well known for its eclectic mix of businesses, ranging from shops, essential services and restaurants, making it a bustling hub of activity and a popular destination for local residents including families, young professionals and students.

Description

The property comprises a ground floor unit totalling 803 sq ft (74.56 sq m) with 1 allocated car parking space. The current tenant uses the property as a dance and yoga studio. Toward the rear is a storage area, WC and door leading to the rear exit and car parking space.

Areas

The shop unit has the following approximate net internal floor areas:

Ground Floor Sales 803 sq ft 74.56 sq m

Tenure

The property is held on a long leasehold basis for a term of 999 years from 22nd August 2014.

Tenancy

The property is let to KHN NPNG Ltd on an effectively full repairing and insuring lease (via service charge) for a term of 5 years from 13th June 2025, with a tenant only break option and upward only rent review on the 3rd anniversary of the lease. The current passing rent is £15,000 per annum exclusive. The lease is contracted outside of sections 24-28 of the Landlord and Tenant Act 1954. The lease is also subject to a photographic schedule of condition.

Proposal

We are seeking offers in offers in the region of £175,000 (one hundred and seventy-five thousand pounds).

VAT

We understand that VAT is not chargeable.

Business Rates

Rateable Value: £23,000.

Rates Payable (2026/27) 43.2p in the £

Interested parties should make their own enquiries to the Local Billing Authority.

EPC

EPC Rating - B (28)

Legal Costs

Each party is to be responsible for their own legal costs. Any Superior Landlord costs will be split between the seller and purchaser.

Anti-Money Laundering

In accordance with Anti-Money Laundering Regulations, evidence of identity and source of funding will be required from the successful purchaser prior to instructing solicitors.

Viewing

For further information or to arrange a viewing, please contact the sole agents:

Steve Cullis - or

OR

Ben Newton - or ","disclaimer":{"raw":"Disclaimer - Property reference 4AvonmeadHouse. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Hootons Commercial Ltd, Bristol. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":["PARKING","WELL_CONNECTED","OPEN_PLAN"],"keyFeatures":["Investment for sale","1 car parking space","Stokes Croft location","Reduced Asking Price of £175,000"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":175000,"displayQualifier":"NONE","frequency":null,"rentObligation":null},"useClasses":["E"],"tenureType":"LEASEHOLD","tenureYearsRemaining":987,"parkingSpaces":1,"yearBuilt":null,"yearRenovated":null,"listedBuilding":false,"numberOfFloors":1,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/3631ea36e/749344245031937/3631ea36e21a142164d85b9659bb790f.pdf","description":""}],"photos":[{"uri":"property-photo/6a86d16ed/749344245031937/6a86d16ede58917671a048f0cca4cb33.jpeg","description":""},{"uri":"property-photo/ca969053f/749344245031937/ca969053febd09facb8e5e2f02039d5b.jpeg","description":""},{"uri":"property-photo/a07e70dbf/749344245031937/a07e70dbf1f92603fbc791749b70cf0f.jpeg","description":""},{"uri":"property-photo/2717c770f/749344245031937/2717c770f0ebf873f9b9a3cfca50422e.jpeg","description":""},{"uri":"property-photo/c4d5d5e85/749344245031937/c4d5d5e855f4fdab7f1d31d37884fa58.jpeg","description":""},{"uri":"property-photo/7b3025d1c/749344245031937/7b3025d1cdc3bb76a7b08fa095d8fe0f.jpeg","description":""},{"uri":"property-photo/d0c8bbd59/749344245031937/d0c8bbd59f955e5a08444e45df19e8ca.jpeg","description":""},{"uri":"property-photo/716771f15/749344245031937/716771f157c3e2a191c73286e3ebafda.jpeg","description":""}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":803,"minSize":null,"measurementType":"NIA","maxSize":null},"location":{"displayAddress":"Avonmead House, Stokes Croft, St Pauls, Bristol, Bristol City","showMap":true,"postcode":{"incode":"3QD","outcode":"BS1"},"streetView":{"latitude":51.461707,"longitude":-2.59038,"heading":87.145898,"pitch":0,"zoom":1,"showStreetView":true},"latitude":51.461712,"longitude":-2.590219},"nearestStations":[{"distance":0.46320272185951084,"name":"Montpelier Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":0.6035822928822181,"name":"Redland Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":0.9194295599590222,"name":"Clifton Down Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Hootons Commercial Ltd, Bristol","email":null,"profileUrl":"/estate-agents/agent/Hootons-Commercial-Ltd/Bristol-83374.html","logo":"/partner-logo/11310886-LOGO-1765965260.png","id":83374,"description":"

Hootons is one of Bristol's best rated commercial property agents. With over 30 years in the market, we help both landlords and tenants with their commercial property either to let or for sale.

As an independent general practice, we can assist our clients with all property related matters, from property management, rent reviews, lease renewals, valuations and investments.

Visit our website for full details - www.hootons.co.uk

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