Restaurant/cafe to let in Millennium Promenade, Bristol BS1

Opportunity to acquire a lease on a very well presented restaurant/bar of approximately 1,180 sq ft situated in a highly sought after and prominent position on Millennium Promenade, Bristol Harbourside. The restaurant has been finished to a very high standard and benefits from full commercial extraction, terrace to the front and fantastic views of the waterfront. Offered to let on a new effectively full repairing and insuring basis subject to an ingoing premium of £65,000 to include fixtures and fittings. This is a rare opportunity not to be missed.

Description

Very well presented ground floor restaurant/bar of approximately 1,180 sq ft arranged as open plan dining area and bar providing approximately 40 covers with adjoining toilet facilities, kitchen and storage. To the front is a private terrace offering further seating for approximately 60 customers. This is a rare opportunity not to be missed.

Location

Situated in a highly sought after and prominent position on Millennium Promenade, Bristol Harbourside within close proximity to Brunel's ss Great Britain, M Shed and Millennium Square.

Premium

Please note an ingoing premium of £65,000 is sought to include fixtures and fittings. Inventory available on request.

Lease Details

The premises are offered to let on an effectively new full repairing and insuring basis. Each party to incur their own respective legal fees.

Floor Plan

The floor plan is provided for indicative purposes only and should not be relied on.

Business Rates

The rateable value with effect from April 2022 is £16,500.

Energy Performance Certificate

EPC rating: Tbc

Viewings

By appointment with Maggs & Allen.

Vat

Please note that VAT is applicable to the property.

Tenant Application Fee

The ingoing tenant will be charged an application fee of £250 plus VAT (£300 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.

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.

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.

Notes

Please note property is also available to purchase on a long leasehold basis for £460,000.