£210,000
Property for saleEast Street, Bedminster, Bristol BS3
Sold STC
Freehold
About this property
Let and Trading as Miss Millies
Freehold and includes Ground Rents
Total Rent Received, £17,390pa
Prominent Corner Position
East Street, Bedminster
*commercial investment property*
A tenanted ground floor takeaway of approx 960 ft2 trading as Miss Millies. The shop is let on a 10 year term at a passing rent of £16,640pa. In addition, the freehold includes the ground rent of the flats above, increasing the total rent to £17,390pa. The property is situated in a busy trading position in Bedminster.
Description
A tenanted ground floor takeaway of approx. 960 ft2 trading as Miss Millies. The shop is let on a 10 year term at a passing rent of £16,640pa. In addition, the freehold includes the ground rent of the 3 flats above, increasing the total rent to £17,390pa.
Location
The shop is situated in a prominent corner position on East Street, Bedminster. Bedminster is a popular suburb located south of Bristol City Centre.
Lease Details
The property is let, trading as Miss Millie's, on a 10 year term from September 2023, subject to a tenant break option in September 2028, on an effectively fully repairing and insuring basis.
Tenure
The freehold is offered for sale, although the 3 flats above have been sold off on long leases, but are subject to a total ground rent of £250pa per flat (and £250pa for 1,000pa. Section 5 Notices will therefore need to be served on the leaseholders before the freehold is sold, or alternatively a sale of a new 999 year lease of the commercial part could be discussed if preferred.
Business Rates
The rateable value with effect from April 2023 is £11,000.
Energy Performance Certificate (Epc)
Rating: C
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
Viewings are 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 interested parties to make their own enquiries.
A tenanted ground floor takeaway of approx 960 ft2 trading as Miss Millies. The shop is let on a 10 year term at a passing rent of £16,640pa. In addition, the freehold includes the ground rent of the flats above, increasing the total rent to £17,390pa. The property is situated in a busy trading position in Bedminster.
Description
A tenanted ground floor takeaway of approx. 960 ft2 trading as Miss Millies. The shop is let on a 10 year term at a passing rent of £16,640pa. In addition, the freehold includes the ground rent of the 3 flats above, increasing the total rent to £17,390pa.
Location
The shop is situated in a prominent corner position on East Street, Bedminster. Bedminster is a popular suburb located south of Bristol City Centre.
Lease Details
The property is let, trading as Miss Millie's, on a 10 year term from September 2023, subject to a tenant break option in September 2028, on an effectively fully repairing and insuring basis.
Tenure
The freehold is offered for sale, although the 3 flats above have been sold off on long leases, but are subject to a total ground rent of £250pa per flat (and £250pa for 1,000pa. Section 5 Notices will therefore need to be served on the leaseholders before the freehold is sold, or alternatively a sale of a new 999 year lease of the commercial part could be discussed if preferred.
Business Rates
The rateable value with effect from April 2023 is £11,000.
Energy Performance Certificate (Epc)
Rating: C
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
Viewings are 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 interested parties to make their own enquiries.
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