INVESTMENT FOR SALE - Bristol - Burston Cook
RARE OPPORTUNITY TO SECURE LARGE A3 PREMISES IN THE HEART OF STOKES CROFT
TO LET 37-39 JAMAICA STREET, BRISTOL, BS2 8JP
FANTASTIC AND HISTORIC PROPERTY WITH PLANNING FOR A3 RESTAURANT / CAFÉ USE.
PRIME LOCATION IN THE HEART OF STOKES CROFT
1,528 SQ FT (142 SQ M) SALES AREA WITH PLANNING FOR ADDITIONAL MEZZANINE FLOOR PROVIDING 1,023 SQ FT OF ADDITIONAL SPACE
RENT ONLY £40,000 PER ANNUM, EXCLUSIVE
LOCATION The property is prominently situated on Jamaica Street in Stokes Croft in one of the most vibrant and sought after A3 locations in the city. Stokes Croft is home to many independent and national bars, restaurants and retail outlets including The Canteen, Pieminister, Crofters Rights, Meat Liquor and The Love Inn. It is within easy walking distance of both Bristol City centre and the bustling Cheltenham and Gloucester roads, and is part of the one of the main arterial routes into the city from the North. This means that the area benefits from a very high volume of passing footfall and vehicle traffic. DESCRIPTION The property comprises the ground floor of the impressive former Carriage Works on Jamaica Street, and benefits from a full height glazed frontage with sliding doors and a large number of architectural and period features. The unit currently provides fantastic double height sales space, with additional storage and WC facilities and yard area at the rear. The property benefits from an existing planning permission to increase the ground floor area by extending into the yard and by also installing a mezzanine floor area to provide additional sales space. ACCOMMODATION The premises currently provides the following approximate net internal area:Ground floor sales:
1,528 sq ft
(142 sq m)
The premises has planning permission to install a mezzanine floor, new kitchen and WC facilities which will provide the following approximate net internal areas: Ground floor sale area: Kitchen Area: Mezzanine Area: Total
1,249 sq ft 279 sq ft 1,023 sq ft 2,551 sq ft
116 sq m 26 sq m 95 sq m (237 sq m)
LEASE The property is offered to let by way of a new effectively full repairing and insuring lease for a term of years to be agreed. TENANT’S STATUS Tenants maybe required to offer a rental deposit and or personal guarantors depending on trading history and covenant strength. PLANNING The property currently benefits from a B1 use as an Artist studio but there is an existing planning approval for change of use of ground floor from an Artists Studio (Use Class B1) and provision of mezzanine floor for use as a Restaurant (Use Class A3) and including in filling of courtyard to provide toilet facilities. 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.
This permission is listed under planning reference 14/04603/LA with Bristol City Council planning department and we would recommend that all applicants make their own enquires regarding this. BUSINESS RATES The rateable value for the property for the year 2016/2017 is currently £6,700. We would advise all interested parties to make their own enquires regarding rates payable with Bristol City Council. RENT The property is available at a rent of £40,000 per annum, exclusive. ENERGY PERFORMANCE CERTIFICATE The property is listed and so an EPC is not required. LEGAL COSTS Each party to bear their own legal costs in respect of this transaction. VAT All rentals and prices quoted are exclusive of VAT in applicable. VIEWING ARRANGEMENTS All enquiries strictly through the sole agents Burston Cook. Burston Cook ` FAO: Charlie Kershaw MRICS 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.
TO LET 37-39 JAMAICA STREET, BRISTOL, BS2 8JP
FANTASTIC AND HISTORIC PROPERTY WITH PLANNING FOR A3 RESTAURANT / CAFÉ USE.
PRIME LOCATION IN THE HEART OF STOKES CROFT
1,528 SQ FT (142 SQ M) SALES AREA WITH PLANNING FOR ADDITIONAL MEZZANINE FLOOR PROVIDING 1,023 SQ FT OF ADDITIONAL SPACE
RENT ONLY £40,000 PER ANNUM, EXCLUSIVE
LOCATION The property is prominently situated on Jamaica Street in Stokes Croft in one of the most vibrant and sought after A3 locations in the city. Stokes Croft is home to many independent and national bars, restaurants and retail outlets including The Canteen, Pieminister, Crofters Rights, Meat Liquor and The Love Inn. It is within easy walking distance of both Bristol City centre and the bustling Cheltenham and Gloucester roads, and is part of the one of the main arterial routes into the city from the North. This means that the area benefits from a very high volume of passing footfall and vehicle traffic. DESCRIPTION The property comprises the ground floor of the impressive former Carriage Works on Jamaica Street, and benefits from a full height glazed frontage with sliding doors and a large number of architectural and period features. The unit currently provides fantastic double height sales space, with additional storage and WC facilities and yard area at the rear. The property benefits from an existing planning permission to increase the ground floor area by extending into the yard and by also installing a mezzanine floor area to provide additional sales space. ACCOMMODATION The premises currently provides the following approximate net internal area:Ground floor sales:
1,528 sq ft
(142 sq m)
The premises has planning permission to install a mezzanine floor, new kitchen and WC facilities which will provide the following approximate net internal areas: Ground floor sale area: Kitchen Area: Mezzanine Area: Total
1,249 sq ft 279 sq ft 1,023 sq ft 2,551 sq ft
116 sq m 26 sq m 95 sq m (237 sq m)
LEASE The property is offered to let by way of a new effectively full repairing and insuring lease for a term of years to be agreed. TENANT’S STATUS Tenants maybe required to offer a rental deposit and or personal guarantors depending on trading history and covenant strength. PLANNING The property currently benefits from a B1 use as an Artist studio but there is an existing planning approval for change of use of ground floor from an Artists Studio (Use Class B1) and provision of mezzanine floor for use as a Restaurant (Use Class A3) and including in filling of courtyard to provide toilet facilities. 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.
This permission is listed under planning reference 14/04603/LA with Bristol City Council planning department and we would recommend that all applicants make their own enquires regarding this. BUSINESS RATES The rateable value for the property for the year 2016/2017 is currently £6,700. We would advise all interested parties to make their own enquires regarding rates payable with Bristol City Council. RENT The property is available at a rent of £40,000 per annum, exclusive. ENERGY PERFORMANCE CERTIFICATE The property is listed and so an EPC is not required. LEGAL COSTS Each party to bear their own legal costs in respect of this transaction. VAT All rentals and prices quoted are exclusive of VAT in applicable. VIEWING ARRANGEMENTS All enquiries strictly through the sole agents Burston Cook. Burston Cook ` FAO: Charlie Kershaw MRICS 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.
