Restaurant/cafe to let in Gloucester Road, Bishopston, Bristol BS7

An incredibly well presented and fully fitted restaurant situated in a prime position on Gloucester Road, Bishopston. The restaurant measures approximately 1,000 ft2 with additional rear courtyard, and benefits from full commercial extraction and a fully equipped kitchen. The lease also includes a spacious 3 bedroom first floor flat with roof terrace which can be sub let if required.

The lease is available for assignment subject to an ingoing premium of £85,000 to include a full inventory. The existing business can also be included if required and accounts are available on request.

Description

An incredibly well presented and fully fitted restaurant situated in a prime position on Gloucester Road, Bishopston. The restaurant measures approximately 1,000 ft2 with additional rear courtyard, and benefits from full commercial extraction and a fully equipped kitchen. The lease also includes a spacious 3 bedroom first floor flat with roof terrace which can be sub let if required.

The lease is available for assignment subject to an ingoing premium of £85,000 to include a full inventory. The existing business can also be included if required and accounts are available on request.

Location

The restaurant is situated in a highly sought after trading position on Gloucester Road opposite The Promenade. Neighbouring occupiers include the Blue Lagoon Bar, Costa Coffee, Coffee Lab and Kal Dosa.

Lease Details

Available for assignment on the residue of a 20 year fully repairing and insuring term from 2018 subject to 5 yearly rent reviews (a rent review is currently pending).

Premium

The lease is available for sale subject to an ingoing premium of £85,000 to include a fully inventory. The business (The Dough Kitchen Limited) can also be included if required and accounts are available on request.

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.

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 £14,250.

Energy Performance Certificate (Epc)

Rating: B valid to March 2031.

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.