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Leasehold Restaurant Investment, 74/74a Park Street, Bristol, BS1 5JX

1,307 Sq Ft / Leisure / Restaurants / Cafes

Sold - Last updated: 04 March 2024

The property comprises the ground and basement of a larger multi-storey Grade II Listed corner building arranged as a restaurant on the ground floor, with ancillary and customer WC's at basement level.  The upper floors are not included in the sale. 

Location

Bristol is the regional capital of the South West and has become one of the principal centres outside of London, with an established commercial and industrial base. The city benefits from excellent road communications, being situated on the M4/M5 interchange, in addition to good rail links via Temple Meads, providing a direct service to London Paddington.

The property is situated on the east side of Park Street at the junction with Park Street Avenue, a popular student area and on one of the main arterial roads to the north west of the city centre, in the area of Clifton, which is a busy and affluent suburb of Bristol, in addition to a popular commercial and retail location.

Nearby occupiers include Fred Perry, Nando's and Jigsaw. 

Accommodation

Ground Floor - Restaurant/Kitchen - 78.40 sq m (844 sq ft)

Basement - Ancillary/store/WC's - 43.00 sq m (463 sq ft)

Total - 121.40 sq m (1,307 sq ft) 

Terms

Guide Price - £400,000 - £410,000

Specification

  • By order of the Joint LPA receivers
  • Leasehold restaurant investment
  • Trading as Toto Chinese on a new 10 year lease from 18/03/2023 (option to determine in 2028)
  • Nearby occupiers include Fred Perry, Nando's and Jigsaw
  • Popular student location
  • Current rent £60,000 per annum


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