90 Colston Street, Bristol

A stylish and well presented restaurant with basement of approximately 1,392 sq ft, situated in a highly sought after and vibrant trading position on Colston Street. The ground floor features an attractive bar and dining area with excellent natural light and street presence. The basement level includes a fully fitted commercial kitchen, storage space, and WC facilities.

Ideal for a variety of dining concepts, this turnkey space offers both functionality and great visibility in a prime setting.

Offered to let by way of a lease assignment, subject to an ingoing premium of £75,000.

Description - A stylish and well presented restaurant of approximately 1,392 sq ft, arranged over two levels. The ground floor features an attractive bar and dining area with excellent natural light and street presence. The basement level includes a fully fitted commercial kitchen, storage space, and WC facilities.

Ideal for a variety of dining concepts, this turnkey space offers both functionality and great visibility in a prime setting.

Location - The premises are ideally situated in a highly sought after and vibrant trading position on Colston Street. This location benefits from significant foot traffic, with excellent visibility and accessibility.

Premium - An ingoing premium of £75,000 is sought to include fixtures and fittings.

Lease Details - The property is available to let by way of assignment of an existing 15 year lease from February 2024.
There is a tenant only break clause and upwards rent review in February 2028.
The ingoing and outgoing tenants are to incur their own legal costs and are to split the landlord's costs 50/50.

Business Rates - The rateable value with effect from April 2023 is £16,000.

Energy Performance Certificate (Epc) - EPC rating: B (valid until February 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.

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.

Tenant Application Fee - The ingoing tenant will be charged an application fee of £300 plus VAT (£360 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks. Accounts will be requested where available and a deposit and/or personal guarantee may be required.

Code For Leasing Business Premises - We advise all interested parties to refer to the RICS Code for Leasing Business Premises, link available via our website.