investment for sale - Property Pilot
TO LET 2ND FLOOR, ARCLIGHT HOUSE 3 UNITY STREET, BRISTOL, BS1 5HH CURRENTLY UNDER REFURBISHMENT TO PROVIDE OPEN-PLAN “NEW YORK” STYLE STUDIO OFFICES IN THE HEART OF THE CITY CENTRE AND CLOSE TO THE OPEN SPACE OF COLLEGE GREEN
UNDER RERURBISHMENT – COMPLETION DUE NOVEMBER 2017
OPEN-PLAN FLOOR PLATE PROVIDING LIGHT & AIRY OFFICES
APPROXIMATELY 2,393 SQ FT (222.4 SQ M)
NEW KITCHEN, WC AND SHOWER FACILITIES
LOCATION The property is situated on Unity Street which is located just off Park Street, in close proximity to City Hall and College Green. The location benefits from a high volume of city centre and Clifton footfall. The property sits in a mixed use area with nearby occupiers including Tesco, Nandos, Colston Hall, Bristol Hippodrome and Café De Jour, as well as a large number of niche and national retailers and restaurants located on Park Street such as Reiss, T M Lewin, Cath Kidston and The Bristol Guild. DESCRIPTION The offices are located on the 2nd floor and the common areas and the offices will be refurbished to a contemporary and modern standard to provide “New York style” offices. Completion is due November 2017. The proposed refurbishment will include:
New LED lighting Exposed roof lights New male/female WC facilities New kitchen facilities Upgrading of the communal areas
New floor coverings Gas central heating New shower facilities New decorations throughout
ACCOMMODATION In accordance with the RICS International Property Measurement Standards (1st Edition, May 2015) the property has the following usable floor area:Second Floor:
Approximately 2,393 sq ft
(222.4 sq m)
TERM The suite is available to rent by way of a new effectively full repairing and insuring service charge lease for a term of years to be agreed, at a quoting rent of £17.00 per sq ft per annum, exclusive. BUSINESS RATES In accordance with the Valuation Office Agency website (www.voa.gov.uk) the property has a Rateable Value of £16,000 with the Rates Payable (2016/2017) amounting to £7,952. ENERGY PERFORMANCE CERTIFICATES Rating = D (98). VAT All rentals and prices quoted are exclusive of VAT, if applicable. LEGAL COSTS Each party is responsible for their own legal costs incurred in respect of this transaction. VIEWING AND FURTHER INFORMATION Strictly by appointment through the sole agents: Burston Cook FAO: Jayne Rixon MRICS or Finola Ingham MRICS Tel: 0117 934 9977 Email: [email protected]/[email protected] SUBJECT TO CONTRACT
August 2017
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.
UNDER RERURBISHMENT – COMPLETION DUE NOVEMBER 2017
OPEN-PLAN FLOOR PLATE PROVIDING LIGHT & AIRY OFFICES
APPROXIMATELY 2,393 SQ FT (222.4 SQ M)
NEW KITCHEN, WC AND SHOWER FACILITIES
LOCATION The property is situated on Unity Street which is located just off Park Street, in close proximity to City Hall and College Green. The location benefits from a high volume of city centre and Clifton footfall. The property sits in a mixed use area with nearby occupiers including Tesco, Nandos, Colston Hall, Bristol Hippodrome and Café De Jour, as well as a large number of niche and national retailers and restaurants located on Park Street such as Reiss, T M Lewin, Cath Kidston and The Bristol Guild. DESCRIPTION The offices are located on the 2nd floor and the common areas and the offices will be refurbished to a contemporary and modern standard to provide “New York style” offices. Completion is due November 2017. The proposed refurbishment will include:
New LED lighting Exposed roof lights New male/female WC facilities New kitchen facilities Upgrading of the communal areas
New floor coverings Gas central heating New shower facilities New decorations throughout
ACCOMMODATION In accordance with the RICS International Property Measurement Standards (1st Edition, May 2015) the property has the following usable floor area:Second Floor:
Approximately 2,393 sq ft
(222.4 sq m)
TERM The suite is available to rent by way of a new effectively full repairing and insuring service charge lease for a term of years to be agreed, at a quoting rent of £17.00 per sq ft per annum, exclusive. BUSINESS RATES In accordance with the Valuation Office Agency website (www.voa.gov.uk) the property has a Rateable Value of £16,000 with the Rates Payable (2016/2017) amounting to £7,952. ENERGY PERFORMANCE CERTIFICATES Rating = D (98). VAT All rentals and prices quoted are exclusive of VAT, if applicable. LEGAL COSTS Each party is responsible for their own legal costs incurred in respect of this transaction. VIEWING AND FURTHER INFORMATION Strictly by appointment through the sole agents: Burston Cook FAO: Jayne Rixon MRICS or Finola Ingham MRICS Tel: 0117 934 9977 Email: [email protected]/[email protected] SUBJECT TO CONTRACT
August 2017
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.
