*** BUSINESS FOR SALE ***
An established and highly successful Butchers business, situated in a popular suburb in Bristol. The business is available for sale subject to a premium of £50,000, (accounts available on request). The contents and equipment are included, and the business leases the double shop on a renewable 15 year term, from 2015 at current rent payable of £15,510pa
DESCRIPTION -
A long established and highly profitable Butchers business situated in a popular residential suburb in Bristol. Accounts are available on request to show a significant turnover and high profit margin.
The butchers is fully fitted with two cold stores, display fridges etc, and further benefits from ample parking to the rear.
The business is offered for sale subject to a premium of £50,000.
LOCATION -
The business is situated in Hanham, a popular suburb of Bristol. The shop is situated in a mixed rank in a predominantly residential location opposite Hanham Common. Neighbouring occupiers include The Co-operative Food, two takeaways and a hairdressing salon.
LEASE DETAILS -
The business occupies the double shop on the residue of a 15 year term, subject to a tenant break (and rent review) in May 2024, which are due for renewal in 2029, at a current rent of £15,510pa for both units.
LEGAL COSTS -
Each party to incur their own respective legal costs.
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied on.
ENERGY PERFORMANCE CERTIFICATE -
Rating: D (expires August 2032).
VAT -
All figures quoted are exclusive of VAT unless otherwise stated.
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.
TENANT APPLICATION FEE -
The ingoing tenant will be charged an application fee of £250 plus VAT (£300 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks. Accounts will be requested where available and a deposit and/or personal guarantee may be required.
VIEWINGS -
As an actively trading business, viewings are strictly by appointment only with Maggs and Allen or our joint agents J S Reakes.
CONTROL OF ASBESTOS REGULATIONS -
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
