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SOLD STC

Bedminster

£210,000

£144.83 per sq ft

Business rates & charges may apply

Maggs & Allen, Bristol
SIZE AVAILABLE

1,450 sq ft

135 sq m

SECTOR

Commercial development for sale

Key features

  • Freehold Tenanted Shop
  • Let at £18,000pa
  • New 10 Year Term
  • Established Polish Deli/Grocery Store
  • Bedminster Parade
  • VAT Exempt

Description

An extended ground floor freehold shop of approximately 1,450 ft² let to an established Polish Deli/Grocery store. The shop is very well presented internally, with cafe, kitchen, and large retail area. The shop benefits from a roller shutter to the front and air condition.

The lease with the tenant has recently been renewed for a new 10 year effectively fully repairing and insuring basis at £18,000pa.

Description - An extended ground floor freehold shop of approximately 1,450 ft² let to an established Polish Deli/Grocery store. The shop is very well presented internally, with cafe, kitchen, and large retail area. The shop benefits from a roller shutter to the front and air condition.

The lease with the tenant has recently been renewed for a new 10 year effectively fully repairing and insuring basis at £18,000pa.

Location - The shop is conveniently located within close proximity to East Street, Bedminster providing easy access to the Bristol city centre and Temple Meads train station. Nearby notable occupiers include Asda, McDonalds, Grounded and Dominos.

Lease Details - The shop is let at £18,000pa on a 10 year term from 24th May 2024 on an effectively fully repairing and insuring basis. There is a tenant break option on the 30th June 2029 and a rent review in May 2029 with a minimum increase to £20,000pa. The lease is also subject to a Directors Guarantee.

Floor Plan - The floor plan is provided for indicative purposes only and should not be relied upon. The internal layout has been revised since the plan was produced.

Business Rates - The ratable value with effect from April 2023 is £6,500.

Energy Performance Certificate - Rating: C (Valid till 2034)

Vat - All figures quoted are exclusive of VAT unless otherwise stated. However, we understand the building is NOT opted for VAT.

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 the interested parties to make their own enquiries.

Energy Performance Certificates

EE RatingEI Rating

Brochures

Bedminster

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bedminster Station0.3 miles
  • Bristol Temple Meads Station0.6 miles
  • Parson Street Station1.0 miles

About Maggs & Allen, Bristol

Richmond Hill, Clifton, Bristol, BS8 1BA

Commercial Property Specialists

If you are looking to sell or lease a commercial property in the Bristol region, Maggs & Allen have the experience and expertise to assist you. We are able to sell, rent, provide expert advice and negotiate all property matters relating to industrial, office, retail and investment properties throughout the Bristol region.

We can also provide RICS Compliant Valuations to assist with the calculation of Inheritance/Capital Gains Tax, for SIPPS/SASS pension requirements, for rent review, lease renewal, matrimonial and expert witness.

To discuss your requirements, do not hesitate to contact Maggs and Allen.

Call us on 0117 973 4940 or e-mail us at commercial@maggsandallen.co.uk.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 33178123. 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, Bristol. 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.