The building reception area has recently undergone a comprehensive refurbishment to a modern contemporary finish. The available accommodation is located on the first floor and is arranged in two adjoining suites surrounding a central core. The accommodation is open plan in nature with a number of partitioned meeting rooms and breakout areas.
Location
Prudential Buildings occupies a prominent position on Wine Street, which is in the heart of the city centre and offers excellent transport connections, with Temple Meads railway station less than a 15 minute walk away. The building is conveniently located within the midst of some of Bristol’s most popular locations which all provide an array of amenities. Cabot Circus and Castle Park are immediately to the to the East, Finzels Reach, St Nicholas Market and the Floating Harbour are immediately to the South.
Accommodation
2,414 - 8,800 sq ft net approx
Terms
Planning We are verbally advised that the accommodation has planning consent for office use but any occupier should make their own enquiries to the Planning Department of Bristol City Council.
Business Rates Interested parties should make their own enquiries to Bristol City Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.. www.voa.gov.uk .
Energy Performance Certificate An EPC has been commissioned and will be available for inspection.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
Lease The property is available by way of an assignment of the existing lease, which runs until October 2027. Alternatively consideration may be given to offering the accommodation as a whole or in part, by way of a new full repairing and insuring sub-lease for a term of years to be agreed.
Passing Rent The current passing rent for the entire floor is £218,100 per annum exclusive of VAT.
Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
AML A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Specification
- Fully accessible raised floors
- Shower facilities
- Comfort cooling