Property photos
Just added
£18,000 pa
(£12.00/sq. ft. pa)
Restaurant to let
Gloucester Road, Bishopston, Bristol BS71,500 sq. ft
Local area information
Property location
Nearby amenities
- Colston's Girls' School 0.2 miles
- Montpelier 0.3 miles
- Redland 0.3 miles
- The Dolphin School 0.4 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
- Gloucester Road
- Fully Fitted Restaurant
- Lease For Sale
- Passing Rent of: £18,000pa
- Ingoing Premium: £100,000.
*** lease for sale ***
An outstanding opportunity to acquire a fully fitted and extended mid-terrace restaurant, offering approximately 1,500 ft2 in one of Bristol’s most sought-after trading locations.
Strategically positioned on Gloucester Road, opposite The Promenade, this property benefits from exceptional footfall in a vibrant and eclectic commercial hub renowned for its independent retailers, lively café culture, and strong community atmosphere.
The lease is available for sale to include a full inventory and commercial kitchen, subject to an ingoing premium of £100,000. The lease was granted for a term of 10 years in 2023 at a passing rent of £18,000pa and we understand the tenant benefits from Security of Tenure.
Description
An outstanding opportunity to acquire a fully fitted and extended mid-terrace restaurant, offering approximately 1,500 ft2 in one of Bristol’s most sought-after trading locations. The lease is available for sale to include a full inventory and commercial kitchen, subject to an ingoing premium of £100,000. The lease was granted for a term of 10 years in 2023 at a passing rent of £18,000pa and we understand the tenant benefits from Security of Tenure.
Location
The restaurant is located in a highly desirable trading position on Gloucester Road opposite The Promenade. Neighbouring occupiers include Costa Coffee, Kal Dosa and the Blue Lagoon.
Business Rates
The rateable value with effect from April 2023 is £17,250.
Energy Performance Certificate (Epc)
Rating: Tbc.
Lease Details
The restaurant is available for sale on an assignment of the current lease which is drawn for a term of 10 years term from 2023 at a passing rent of £18,000pa. We understand the tenant benefits from Security of Tenure. Each party to incur their own respective legal fees, although the landlords legal fees are to be split on a 50/50 basis between the ingoing and outgoing tenant.
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.
Floor Plan
The floor plan is provided for indicative purposes only and should not be relied upon.
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.
Vat
All figures quoted are exclusive of VAT unless otherwise stated.
Viewings
By appointment.
An outstanding opportunity to acquire a fully fitted and extended mid-terrace restaurant, offering approximately 1,500 ft2 in one of Bristol’s most sought-after trading locations.
Strategically positioned on Gloucester Road, opposite The Promenade, this property benefits from exceptional footfall in a vibrant and eclectic commercial hub renowned for its independent retailers, lively café culture, and strong community atmosphere.
The lease is available for sale to include a full inventory and commercial kitchen, subject to an ingoing premium of £100,000. The lease was granted for a term of 10 years in 2023 at a passing rent of £18,000pa and we understand the tenant benefits from Security of Tenure.
Description
An outstanding opportunity to acquire a fully fitted and extended mid-terrace restaurant, offering approximately 1,500 ft2 in one of Bristol’s most sought-after trading locations. The lease is available for sale to include a full inventory and commercial kitchen, subject to an ingoing premium of £100,000. The lease was granted for a term of 10 years in 2023 at a passing rent of £18,000pa and we understand the tenant benefits from Security of Tenure.
Location
The restaurant is located in a highly desirable trading position on Gloucester Road opposite The Promenade. Neighbouring occupiers include Costa Coffee, Kal Dosa and the Blue Lagoon.
Business Rates
The rateable value with effect from April 2023 is £17,250.
Energy Performance Certificate (Epc)
Rating: Tbc.
Lease Details
The restaurant is available for sale on an assignment of the current lease which is drawn for a term of 10 years term from 2023 at a passing rent of £18,000pa. We understand the tenant benefits from Security of Tenure. Each party to incur their own respective legal fees, although the landlords legal fees are to be split on a 50/50 basis between the ingoing and outgoing tenant.
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.
Floor Plan
The floor plan is provided for indicative purposes only and should not be relied upon.
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.
Vat
All figures quoted are exclusive of VAT unless otherwise stated.
Viewings
By appointment.
Floor plans and tours
Floor plans (1)
More information
Listed by
Maggs & Allen
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