£95,000

Property for sale

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Leasehold

£95,000

(£190.00/sq. ft)

Property for sale

West Street, Bedminster BS3

500 sq. ft

Local area information

Property location

Nearby amenities

  • Southville Primary School 0.2 miles
  • Compass Point Primary School 0.2 miles
  • Bedminster 0.3 miles
  • Parson Street 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bristol to find out more about the local area.

Features and description

  • Leasehold
  • Let at £8,505pa
  • Fixed 5% Annual Increases
  • Residue of 999 Yr Lease
  • Prominent Position
A tenanted ground floor shop of approximately 300 ft2 with additional basement storage, located in a prominent position in Bedminster.

The shop is let at £8,505pa (£increasing to £8,930.25pa in June 2025) on a 15 year effectively fully repairing and insuring term with fixed 5% annual rental increases, and is therefore offered for sale as an investment with the tenant in occupation.

Description

A ground floor shop of approximately 300 ft2 with additional basement storage located in a prominent position in Bedminster. The shop is let at £8,505 pa on a 15 year effectively fully repairing and insuring term, and is offered for sale as a tenanted investment property.

Location

The shop is located on the junction of West Street and Sheene Road, within close proximity of McDonalds.

Tenure

Offered for sale on the residue of a 999 year lease.

Tenancy Details

The shop is let on a 15 year effectively fully repairing and insuring term from June 2023 at a current rent of £8,505 pa and is subject to fixed 5% annual increases (and is therefore due to increase to £8,930.25 pa from June 2025). There is a lease deposit of £4,050 and the tenants benefit from Security of Tenure under The Landlord & Tenant Act 1954.

Business Rates

The Rateable Value with effect from April 2023 is £3,250. We therefore would expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.

Energy Performance Certificate (Epc)

Rating: D - valid to March 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.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Maggs & Allen. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Maggs & Allen for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Bristol
  4. Bedminster
  5. West Street