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Denmark Street, Bristol

£425,000

£179.48 per sq ft

Business rates & charges may apply

Maggs & Allen, Bristol
SIZE AVAILABLE

2,368 sq ft

220 sq m

SECTOR

Commercial development for sale

Key features

  • Commercial investment
  • Let at £35,000pa
  • City centre
  • Bar & Restaurant

Description

A commercial investment comprising a wine bar and restaurant, currently let at £35,000 per annum.

The property is prominently situated on Denmark Street, in the heart of Bristol city centre, just a short distance from Bristol Hippodrome.

Description - A commercial investment comprising a wine bar and restaurant, currently let at £35,000 per annum. The property is arranged over ground floor, mezzanine and basement levels, extending to approximately 2,368 sq ft.

Location - The property is prominently situated on Denmark Street, in the heart of Bristol city centre, just a short distance from Bristol Hippodrome. The surrounding area benefits from strong pedestrian footfall and a vibrant mix of leisure, retail and hospitality operators.

Tenure - The property is to be sold on remainder of a 999 year long leasehold interest, commencing from 2004.

Letting Details - The property is let at £35,000pa on a 10 year term from May 2025.
There is a tenant only break option and rent review, year 5.

Business Rates - The rateable value with effect from 2026 is £9,200. We therefore would expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.

Energy Performance Certificate (Epc) - Rating: A (valid until October 2034)

Floor Plan - The floor plan is provided for indicative purposes only and should not be relied upon.

Vat - All figures quoted are exclusive of VAT unless otherwise stated. We understand that the property is elected for VAT.

Viewings - 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 interested parties to make their own enquiries.

Brochures

Denmark Street, Bristol

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bristol Temple Meads Station0.8 miles
  • Bedminster Station0.9 miles
  • Clifton Down 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 34699730. 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.