Unit 1, 40-48 Stokes Croft, Bristol

Avonmead House, 40-48 Stokes Croft, St Paul's, Bristol BS1 3QD, UK
£12,000
  • Status: Let
  • Size: 991 sq. ft.
  • Tenure: Leasehold
  • Property Type: Retail
  • Location: Stokes Croft
  • Offer type: Let

Features

  • 1 Car Parking Space
  • Ground floor lock up shop
  • Kitchen'
  • W.C facilities

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Property Description

Location

Placed on the corner of the A38 and City Road this retail unit is situated in a prominent position on Stokes Croft with good return frontage. This popular area very close to Bristol’s City Centre and affluent areas of Kingsdown, Cotham and Redland, benefits from a vibrant creative community full of independent shops, restaurants and art galleries.

Description

The property provides a bright ground floor space, with kitchen to the rear, as well as small basement area with WC facilities. The premises also benefits from 1 parking space suitable for a small car.

Terms

The property is available by way of an assignment of a 15-year lease from the 15th February 2019 (expiring 14th February 2034). The passing rent is £12,000 per annum exclusive. There are no provisions for any rent reviews or break clauses during this 15-year term.

Use

Purely to be used as a Café.

Rent

£12,000 per annum exclusive (VAT is not chargeable.)

Deposit

A 3-6 month deposit will be payable depending on the strength of financial accounts.

Legal Costs

Each party will be responsible for their own legal costs in connection with this transaction. Landlord costs to be split equally between the parties.

Service Charge

Tenant currently pays £186 per month