The property comprises two new ground floor commercial units located beneath residential accommodation.
Location
66 East Street is situated in the south Bristol suburb of Bedminster approximately 0.5 miles from Bristol City Centre. The property is located on the corner of pedestrianised Essex Street and East Street which is a bus/taxi only route. East Street is the traditional shopping street in Bedminster and is anchored at its northern end by an ASDA Superstore. The area surrounding East Street is currently undergoing a period of change with a number of new residential developments underway. Known as ‘Bedminster Green’, the development area is made up of five sites that are being developed for housing and community spaces.
Accommodation
659 sq ft – 4,063 sq ft
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. Tel: 0117 922 3000 or 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
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/purchasers establish the VAT implications before entering into any agreement.
AML A successful tenant/purchaser will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Terms The property is available to let on a new full repairing lease with terms to be negotiated. Alternatively, consideration may be given to the disposal of the long leasehold interest. Quoting Rent £15 per sq ft per annum exclusive of VAT.
Quoting Price £220 per sq ft exclusive.
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.
Specification
- Glazed shopfront
- Retail
- Shell specification
- High street location