investment for sale - Bristol - Burston Cook

Report 7 Downloads 67 Views
PRIME RETAIL UNIT TO LET 332 GLOUCESTER ROAD, BRISTOL, BS7 8TJ



EXCELLENT RETAIL POSITION ON GLOUCESTER ROAD



BENEFITS FROM A HIGH LEVEL OF PASSING TRAFFIC AND FOOTFALL



SALES AREA 869 SQ FT (80.73 SQ M)



RENT ONLY £16,950 PER ANNUM, EXCLUSIVE



LOW BUSINESS RATES PAYABLE

LOCATION The premises are situated on the popular and established retail location of Gloucester Road, approximately 1 mile to the North of Bristol City Centre. Gloucester Road provides a popular retail position on one of Bristol’s busiest arterial routes to the City Centre and benefits from a wide demographic mix of surrounding residential areas. Gloucester Road has a wide range of retailers from blue chip occupiers, such as Sainsbury’s, Co-Op, Car Phone Warehouse and Boots through to the numerous independent local retailers and popular well known leisure and café outlets it has to offer. DESCRIPTION The premises offers a rare opportunity to secure an open plan retail unit on Gloucester Road, currently finished with a fully glazed shop front with an external security roller shutter. Internally, the property provides a large open plan sales area with tiled floor. There are staff WC facilities at the rear along with additional storage rooms and a rear covered yard which currently houses a walk in refrigeration unit.. TENURE The premises are available by way of a new effectively full repairing and insuring lease by way of a service charge for a term of years to be agreed. ACCOMMODATION From our on site measurements, the property provides the following approximate net internal area: Retail sales area Rear stores Total NIA

869 sq ft 119 sq ft 988 sq ft

(80.73 sq m) (11.09 sq m) (91.82 sq m)

BUSINESS RATES The Rateable Value of the property for the year 2016/2017 is £8,200. We would highlight that interested parties may benefit from small business rates relief therefore, reducing the cost of the rates payable. We would recommend all interested parties make their own enquiries directly with Bristol City Council or the Valuation Office. RENT The quoting rent is £16,950 per annum, exclusive. VAT All rents and prices quoted are exclusive of VAT. ENERGY PERFORMANCE CERTIFICATES An Energy Performance Certificate is available and has a rating of E-114, a copy of this can be made available on request. LEGAL COSTS Each party is to be responsible for their own legal costs incurred in this transaction. VIEWING AND FURTHER INFORMATION All enquiries strictly through the sole agents, Burston Cook. FAO: Charlie Kershaw MRICS and T Coyte BA Hons Tel: 0117 934 9977 SUBJECT TO CONTRACT

May 2016

Control of Asbestos at Work Regulations 2002 Under the Control of Asbestos at Work Regulations 2002 (CAW Regulations), the owner or tenant of the property, and any one else who has control over it and/or responsibility for maintaining or repairing it, may be under statutory obligation to detect and manage any asbestos or asbestos related compounds contained within the property. Failure to comply with the CAW Regulations is an offence and could adversely affect the value of the property. The detection of asbestos and asbestos related compounds is beyond the scope of Burston Cook expertise and accordingly: (1) Burston Cook makes no representation as to the presence or otherwise of any asbestos or asbestos related compounds in the property. (2) Burston Cook strongly recommends that prospective purchasers obtain advice from specialist environmental constants if they have any concerns about asbestos and asbestos related issues.