Commercial - Other
A well presented and fully fitted restaurant (approx 85 sq. m.) with kitchen, basement, disabled toilets and garden. The premises benefit from full A3 (restaurant / cafe) planning consent and are fully licensed. Situated in a prime position in Redland in the same street as Michelin starred ‘Wilks’ restaurant. An assignment of the existing lease is offered with an in-going premium of £60,000 to include a full inventory. Early inquiries are recommended.
Location – Situated in a highly popular position in Redland. Neighbouring occupiers include ‘Wilks’, ‘No Man’s Grace’ and ‘Wilsons’.
Premium – A premium of £60,000 is sought for the assignment of the lease to include a full inventory (full list available on request).
Lease Details – Offered as an assignment of the lease with 13 years to run until 2030 at £9,750 p.a (subject to a 3 yearly rent review) on Full Repairing and Insuring terms. Each party to incur their own legal costs.
Tenant Application Fee – The ingoing tenant will be charged an application fee of £200 plus vat towards the costs incurred in undertaking appropriate credit and reference checks.
Rateable value £5,900.
VAT – The property is not liable to incur VAT.
Viewings – Viewings are strictly by appointment.
Please note, by submitting an enquiry regarding this property you agree that we may send your details to the landlord of this property so they may contact you in order to answer any questions, or arrange a convenient viewing time. STRICTLY NO AGENT OR SUB-LETTING CALLS.
These are for general guidance only. You are responsible to confirm accuracy by inspection.