Restaurant/cafe to let in Lower Guinea Street, Bristol BS1

***confidential sale***
An exceptional and fully equipped restaurant offering flexible accommodation, including various spacious kitchens, rear stores, offices and toilet faculties. The restaurant measures approximately 4,100 ft2 and previously operated as a Michelin Star restaurant, and has consequently been refurbished to a very high specification and includes a large external terrace to the front.

The premises is situated close to Bristol City Centre and is available for sale with a full inventory, subject to an in going premium of £180,000. The lease is available for sale by way of an assigned of a 15 year term from January 2016 at a passing rent of £51,987pa..

Description

An exceptional and fully equipped restaurant offering flexible accommodation, including various spacious kitchens, rear stores, offices and toilet faculties. The restaurant measures approximately 4,100 ft2 and previously operated as a Michelin Star restaurant, and has consequently been refurbished to a very high specification and includes a large external terrace to the front.

The premises is situated in close to Bristol City Centre and the lease is available for sale with a full inventory, subject to an in going premium of £180,000. The lease is available for sale by way of an assigned of a 15 year term from January 2016 at a passing rent of £51,987pa..

Lease Details

The restaurant lease is available for sale on the assignment of a 15 year term which commenced on the 19th January 2016, at a passing rent of £51,987 per annum on an internal repairing and insuring basis, plus service charge (subject to 5 yearly rent reviews). A copy of the lease is available on request.

Premium

A premium of £180,000 is sought for the assignment of the lease to include a comprehensive inventory. A copy of the inventory is available on request.

Energy Performance Certificate (Epc)

To be confirmed.

Code For Leasing Business Premises

We advise all interested parties to refer to the RICS Code for Leasing Business Premises, link available via our website.

Business Rates

The Rateable Value for Unit 1, with effect from April 2023 is £47,500.

Floor Plan

The floor plan is provided for indicative purposes only and should not be relied upon. The internal layout differs slightly from the plan provided.

Viewings

By appointment.

Vat

All figures quoted are exclusive of VAT unless otherwise stated.