investment for sale - Bristol - Burston Cook
TO LET FULLY REFURBISHED PRIME RETAIL UNIT 93 GLOUCESTER ROAD, BRISTOL BS7 8AT
PRIME RETAIL POSITION ON GLOUCESTER ROAD
BENEFITS FROM A HIGH LEVEL OF PASSING TRAFFIC AND FOOTFALL
LARGE OPEN PLAN SALES AREA
FULLY REFURBISHED TO A HIGH STANDARD
636 SQ FT (60 SQ M)
ONLY £17,950 PER ANNUM, EXCLUSIVE WITH LOW RATES PAYABLE
A2 RETAIL / OFFICE CONSENT AND SUITABLE FOR A1 USE
LOCATION The premises are situated on the popular and established south end of Gloucester Road, approximately 1 mile to 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 become a very popular retail High Street with a wide range of retailers from blue chip occupiers, such as Sainsburys, 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 offer a rare opportunity to secure an open plan retail unit on Gloucester Road currently finished with an aluminium framed shop front with an external security roller shutter. Internally, the property has been fully refurbished to include wood effect laminate flooring and suspended ceilings with recessed lighting. There is staff WC facilities at the rear along with a staff office / storage room. 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 office Rear stores Total NIA
551 sq ft 65 sq ft 20 sq ft 636 sq ft
(51.21 sq m) (6.0 sq m) (1.9 sq m) (60 sq m)
BUSINESS RATES We have checked the Valuation Office Agency website and the premises are assessed for rating purposes as follows:‘Betting Shop and Premises’ Rateable Value £9,900 Rates Payable £4,663 per annum 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. USE The premises are currently occupied by a betting shop, which falls under user class A2 (retail use) for financial and professional services. The unit would also be suitable for other A1 retail uses. VAT
We have been advised that the building is elected for VAT. ENERGY PERFORMANCE CERTIFICATES An Energy Performance Certificate will be provided on the property. 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 Tel: 0117 934 9977 SUBJECT TO CONTRACT
JUNE 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.
PRIME RETAIL POSITION ON GLOUCESTER ROAD
BENEFITS FROM A HIGH LEVEL OF PASSING TRAFFIC AND FOOTFALL
LARGE OPEN PLAN SALES AREA
FULLY REFURBISHED TO A HIGH STANDARD
636 SQ FT (60 SQ M)
ONLY £17,950 PER ANNUM, EXCLUSIVE WITH LOW RATES PAYABLE
A2 RETAIL / OFFICE CONSENT AND SUITABLE FOR A1 USE
LOCATION The premises are situated on the popular and established south end of Gloucester Road, approximately 1 mile to 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 become a very popular retail High Street with a wide range of retailers from blue chip occupiers, such as Sainsburys, 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 offer a rare opportunity to secure an open plan retail unit on Gloucester Road currently finished with an aluminium framed shop front with an external security roller shutter. Internally, the property has been fully refurbished to include wood effect laminate flooring and suspended ceilings with recessed lighting. There is staff WC facilities at the rear along with a staff office / storage room. 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 office Rear stores Total NIA
551 sq ft 65 sq ft 20 sq ft 636 sq ft
(51.21 sq m) (6.0 sq m) (1.9 sq m) (60 sq m)
BUSINESS RATES We have checked the Valuation Office Agency website and the premises are assessed for rating purposes as follows:‘Betting Shop and Premises’ Rateable Value £9,900 Rates Payable £4,663 per annum 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. USE The premises are currently occupied by a betting shop, which falls under user class A2 (retail use) for financial and professional services. The unit would also be suitable for other A1 retail uses. VAT
We have been advised that the building is elected for VAT. ENERGY PERFORMANCE CERTIFICATES An Energy Performance Certificate will be provided on the property. 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 Tel: 0117 934 9977 SUBJECT TO CONTRACT
JUNE 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.
