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North Street, Bedminster, Bristol

£1,667 pcm
£20,000 pa

£25.48 per sq ft

Business rates & charges may apply

Maggs & Allen, Bristol
SIZE AVAILABLE

785 sq ft

73 sq m

SECTOR

Restaurant to lease

Lease details

Lease available date:
Ask agent

Key features

  • Lease For Sale
  • Ingoing Premium of £60,000
  • Fully Equipped Kitchen
  • Highly Prominent Location
  • Approx. 785 ft²
  • Terrace

Description

A rare opportunity to purchase a restaurant lease located in a prime trading position on North Street. The restaurant is very well presented, measuring approx. 785 ft², with additional terrace to the front providing further seating. The property benefits from rear access, air conditioning, kitchen and pizza oven.

The restaurant is located in a prime and bustling trading position on North Street. Noteable neighbouring occupiers include The Lounge, Coffee #1, The Hen & Chicken and The Tobacco Factory.

The lease is available for sale subject to an ingoing premium of £60,000.

Description - A rare opportunity to purchase a restaurant lease located in a prime trading position on North Street. The restaurant is very well presented, measuring approx. 785 ft², with additional terrace to the front providing further seating. The property benefits from rear access, air conditioning, kitchen and pizza oven. The lease is available for sale subject to an ingoing premium of £60,000.

Location - The restaurant is located in a prime and bustling trading position on North Street. Notable neighbouring occupiers include The Lounge, Coffee #1, The Hen & Chicken and The Tobacco Factory.

BS3 has recently, and is still, undergoing significant development which includes roughly 6,600 new homes plus approx 2,400 student bed spaces.

Business Rates - The Rateable Value with effect from 2026 is £11,500. 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.

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

Energy Performance Certificate (Epc) - Rating: To be confirmed.

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.

Lease Details / Premium - The restaurant is available to let on a new and effectively fully repairing and insuring basis, subject to an ingoing Preimum of £60,000 for the lease and equipment.
Each party to incur their own respective legal fees.

Vat - All figures quoted are exclusive of VAT unless otherwise stated.

Viewings - Strictly by appointment only.

Photographs - Please note, library/previous photos have been used.

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.

Brochures

North Street, Bedminster, Bristol

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Parson Street Station0.6 miles
  • Bedminster Station0.7 miles
  • Bristol Temple Meads Station1.4 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

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Disclaimer - Property reference 34975552. 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.