£42,636 pa
(£17.03/sq. ft. pa)
Restaurant to letLower Guinea Street, Redcliffe, Bristol BS1
2,504 sq. ft
About this property
City Centre/Waterfront Location
Previously trading as Paco Tapas
Fully Equipped / Extensive Inventory
Lease For Sale
Approx. 2,504 ft2
Large Terrace
Exceptional Grade II Listed Restaurant`
An exceptional opportunity to purchase the lease of Paco’s Tapas at The General, a beloved and fully operational Spanish tapas bar/restaurant of approx. 2,504 ft2, located in the heart of a vibrant heritage precinct. This turnkey business is offered with a full inventory of high-quality fixtures, fittings, and equipment, including a fully equipped commercial kitchen, stylish bar, and charming indoor dining area. The space is licensed, beautifully presented, and ready for immediate trade, making it ideal for an owner-operator or hospitality group looking to establish themselves in a thriving location.
The premises is available to let on an assignment, or a new lease, at a rent of £43,646pa, subject to an ingoing premium of £100,000.
Description
An exceptional opportunity to purchase the lease of Paco’s Tapas at The General, a beloved and fully operational Spanish tapas bar located in the heart of a vibrant heritage precinct. This turnkey business is offered with a full inventory of high-quality fixtures, fittings, and equipment, including a fully equipped commercial kitchen, stylish bar, and charming indoor dining area. The space is licensed, beautifully presented, and ready for immediate trade, making it ideal for an owner-operator or hospitality group looking to establish themselves in a thriving location.
Premium
A premium of £100,000 is sought for the assignment of the lease to include a comprehensive inventory.
Accomodation
The unit provides approximately 2,504 ft2 (232.6 m2) and is arranged as a restaurant with extensive cooking facilities, and further benefits from a large outside terrace.
Energy Performance Certificate (Epc)
Rating: C valid until 23 July 2035.
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. Each party to incur their own respective legal fees.
Lease Details
The current lease is available for assignment, but the landlord has also indicated that they would consider a new lease (on an effectively fully repairing and insuring basis).
Premise License
The premises is licensed for the sale of alcohol between Sunday to Wednesday 12:00-00:00 and Thursday to Saturday 12.00-01:00.
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.
Business Rates
The Rateable Value with effect from April 2023 is £43,000, although we understand the current rates payable to be £10,802.
Floor Plan
The floor plan is provided for indicative purposes only and should not be relied upon.
Viewings
By appointment.
Vat
All figures quoted are exclusive of VAT unless otherwise stated.
The premises is available to let on an assignment, or a new lease, at a rent of £43,646pa, subject to an ingoing premium of £100,000.
Description
An exceptional opportunity to purchase the lease of Paco’s Tapas at The General, a beloved and fully operational Spanish tapas bar located in the heart of a vibrant heritage precinct. This turnkey business is offered with a full inventory of high-quality fixtures, fittings, and equipment, including a fully equipped commercial kitchen, stylish bar, and charming indoor dining area. The space is licensed, beautifully presented, and ready for immediate trade, making it ideal for an owner-operator or hospitality group looking to establish themselves in a thriving location.
Premium
A premium of £100,000 is sought for the assignment of the lease to include a comprehensive inventory.
Accomodation
The unit provides approximately 2,504 ft2 (232.6 m2) and is arranged as a restaurant with extensive cooking facilities, and further benefits from a large outside terrace.
Energy Performance Certificate (Epc)
Rating: C valid until 23 July 2035.
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. Each party to incur their own respective legal fees.
Lease Details
The current lease is available for assignment, but the landlord has also indicated that they would consider a new lease (on an effectively fully repairing and insuring basis).
Premise License
The premises is licensed for the sale of alcohol between Sunday to Wednesday 12:00-00:00 and Thursday to Saturday 12.00-01:00.
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.
Business Rates
The Rateable Value with effect from April 2023 is £43,000, although we understand the current rates payable to be £10,802.
Floor Plan
The floor plan is provided for indicative purposes only and should not be relied upon.
Viewings
By appointment.
Vat
All figures quoted are exclusive of VAT unless otherwise stated.
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