£165,000
Property for saleEast Street, Bedminster, Bristol BS3
Leasehold
About this property
Ground Floor Shop
999 Year Lease
Let at £15,000pa
5 Year Effectively Fri Term.
A ground floor tenanted shop of approximately 880 ft2, let at £15,000pa on a recent 5 year effectively fully repairing and insuring term. The tenant is in the process of refitting the unit for use as a printing business.
The shop is located in a busy trading position on East Street, Bedminster, in an area currently undergoing significant redevelopment.
Description
A ground floor tenanted shop of approximately 880 ft2, let at £15,000pa on a recent 5 year effectively fully repairing and insuring term. The tenant is in the process of refitting the unit for use as a printing business.
Location
The property is situated on the High Street in Bedminster in an area which is currently undergoing significantly redevelopment.
Tenure
The shop is offered for sale on the residue of a 999 year lease.
Lease Details
The shop is let at £15,000pa on a 5 year effectively fully repairing and insuring 5 year term, with a 3 year tenant only break option and 3 year upward only rent review.
There is also a lease deposit of £3,750 and the lease is excluded from Sections 24-28 of The Landlord and Tenant Act 1954.
Business Rates
The rateable value with effect April 2023 is £8,300. We therefore expect all businesses eligible for small business rates relief to benefit from 100% rate relief at this time although we recommend all interested parties confirm with the local authority.
Energy Performance Certificate (Epc)
Rating: C - valid to Jan 2028
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.
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.
The shop is located in a busy trading position on East Street, Bedminster, in an area currently undergoing significant redevelopment.
Description
A ground floor tenanted shop of approximately 880 ft2, let at £15,000pa on a recent 5 year effectively fully repairing and insuring term. The tenant is in the process of refitting the unit for use as a printing business.
Location
The property is situated on the High Street in Bedminster in an area which is currently undergoing significantly redevelopment.
Tenure
The shop is offered for sale on the residue of a 999 year lease.
Lease Details
The shop is let at £15,000pa on a 5 year effectively fully repairing and insuring 5 year term, with a 3 year tenant only break option and 3 year upward only rent review.
There is also a lease deposit of £3,750 and the lease is excluded from Sections 24-28 of The Landlord and Tenant Act 1954.
Business Rates
The rateable value with effect April 2023 is £8,300. We therefore expect all businesses eligible for small business rates relief to benefit from 100% rate relief at this time although we recommend all interested parties confirm with the local authority.
Energy Performance Certificate (Epc)
Rating: C - valid to Jan 2028
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.
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.
.png){kind=logo}