INVESTMENT FOR SALE
TO LET RETAIL UNIT 16 COTHAM HILL, BRISTOL, BS6 6LF
LOCK UP SHOP ON BUSY RETAIL PARADE ON COTHAM HILL
EXCELLENT TRADING POSITION WITH HIGH FOOTFALL
SALES AREA (531 SQ FT) PLUS FULL HEIGHT BASEMENT (346 SQ FT)
QUOTING RENT ONLY £16,500 PER ANNUM, EXCLUSIVE
CLOSE TO WHITELADIES ROAD AND CLIFTON DOWN SHOPPING CENTRE
LOCATION The property is situated on Cotham Hill, a very popular and long established retail location serving the densely populated areas of Redland, Cotham and Clifton. Situated just off Whiteladies Road, Cotham Hill benefits from high foot traffic moving between the City Centre and Whiteladies Road. Clifton Down railway station and Clifton Down Shopping centre are a short walk from the retail unit where national multiple operators such as Starbucks, Sainsbury’s, EE and Boots operate from. Cotham Hill itself benefits from a number of successful local retailers as well as a range of restaurants such as the award winning tapas restaurant Bravas and the extremely popular Falafel King and Deco Lounge restaurants. DESCRIPTION The unit has a retail sales area at ground floor level as well as a basement with full ceiling height. The basement could either be used as ancillary storage or potentially further retail sales space. The unit currently has a small kitchenette to the rear, a WC in the basement, and a security roller shutter to the front. ACCOMMODATION The property provides the following approximate net internal areas:Ground floor sales area Basement Total
531 sq ft 346 sq ft 877 sq ft
(49.34 sq m) (32.20 sq m) (81.54 sq m)
TENURE The property is available to let by way of a new full repairing and insuring lease for a term of years to be agreed. RENT The quoting rent for the property is £16,500 per annum exclusive. BUSINESS RATES Rateable Value Rates Payable (2015 / 2016)
£14,000 £6,720
We would highlight that businesses may benefit from a level of small business rates relief and therefore we recommend interested parties make enquiries with Bristol City Council in relation to this. ENERGY PERFORMANCE CERTIFICATES Rating = F (130). VAT All prices / rentals quoted are exclusive of VAT if applicable. LEGAL COSTS Each party to bear their own legal costs incurred in respect of this transaction. VIEWING AND FURTHER INFORMATION Strictly by appointment through the sole agents: Burston Cook FAO: Charlie Kershaw MRICS or Tom Coyte Tel: 0117 934 9977 Email: [email protected] / [email protected] SUBJECT TO CONTRACT NOVEMBER 2015
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.
LOCK UP SHOP ON BUSY RETAIL PARADE ON COTHAM HILL
EXCELLENT TRADING POSITION WITH HIGH FOOTFALL
SALES AREA (531 SQ FT) PLUS FULL HEIGHT BASEMENT (346 SQ FT)
QUOTING RENT ONLY £16,500 PER ANNUM, EXCLUSIVE
CLOSE TO WHITELADIES ROAD AND CLIFTON DOWN SHOPPING CENTRE
LOCATION The property is situated on Cotham Hill, a very popular and long established retail location serving the densely populated areas of Redland, Cotham and Clifton. Situated just off Whiteladies Road, Cotham Hill benefits from high foot traffic moving between the City Centre and Whiteladies Road. Clifton Down railway station and Clifton Down Shopping centre are a short walk from the retail unit where national multiple operators such as Starbucks, Sainsbury’s, EE and Boots operate from. Cotham Hill itself benefits from a number of successful local retailers as well as a range of restaurants such as the award winning tapas restaurant Bravas and the extremely popular Falafel King and Deco Lounge restaurants. DESCRIPTION The unit has a retail sales area at ground floor level as well as a basement with full ceiling height. The basement could either be used as ancillary storage or potentially further retail sales space. The unit currently has a small kitchenette to the rear, a WC in the basement, and a security roller shutter to the front. ACCOMMODATION The property provides the following approximate net internal areas:Ground floor sales area Basement Total
531 sq ft 346 sq ft 877 sq ft
(49.34 sq m) (32.20 sq m) (81.54 sq m)
TENURE The property is available to let by way of a new full repairing and insuring lease for a term of years to be agreed. RENT The quoting rent for the property is £16,500 per annum exclusive. BUSINESS RATES Rateable Value Rates Payable (2015 / 2016)
£14,000 £6,720
We would highlight that businesses may benefit from a level of small business rates relief and therefore we recommend interested parties make enquiries with Bristol City Council in relation to this. ENERGY PERFORMANCE CERTIFICATES Rating = F (130). VAT All prices / rentals quoted are exclusive of VAT if applicable. LEGAL COSTS Each party to bear their own legal costs incurred in respect of this transaction. VIEWING AND FURTHER INFORMATION Strictly by appointment through the sole agents: Burston Cook FAO: Charlie Kershaw MRICS or Tom Coyte Tel: 0117 934 9977 Email: [email protected] / [email protected] SUBJECT TO CONTRACT NOVEMBER 2015
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.
