£42,636 pa

Restaurant to let

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Just added

£42,636 pa

(£17.03/sq. ft. pa)

Restaurant to let

Lower Guinea Street, Redcliffe, Bristol BS1

2,504 sq. ft

Local area information

Property location

Nearby amenities

  • Prince Street Bridge Ferry Landing 0.2 miles
  • Millennium Square Ferry Landing 0.2 miles
  • St Mary Redcliffe and Temple School 0.3 miles
  • Holy Cross RC Primary School 0.3 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

  • 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:

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.

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 to let
  3. Bristol
  4. Bristol City Centre
  5. Lower Guinea Street