This ground floor commercial unit enjoys a prominent position on Corn Street and benefits from a large footfall. The accommodation is arranged over ground floor with ancillary space at basement level
Location
The property is located within the centre of Bristol, on Corn Street, which is known as the historic heart of commerce for the city. It is now well regarded for its rich blend of trading history and vibrant modern atmosphere. The property enjoys a highly prominent position on Corn Street and benefits from a high footfall. Corn Street itself has seen a transformation in recent years, with a number of F&B and Leisure operators moving on the street, improving the offering. These include Flight Club, Flat Iron Steak, Mowgli, and Franco Manca.
Terms
Planning We are verbally advised that the accommodation has planning consent for Class E use, but any occupier should make their own enquiries to the Planning Department of Bristol City Council. www.bristol.gov.uk
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.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020.
Energy Performance Certificate An EPC will be commissioned and made available for inspection.
Terms The property is available on a new full repairing lease with terms to be agreed.
Rent The property is offered to let at a quoting rent of £35,000 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.
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.
AML A successful tenant will be required to provide relevant information to satisfy AML requirements when Heads of Terms are agreed.