Ground floor retail unit of approximately 505 sq ft arranged as open plan shop space. The shop is strategically located within a diverse parade of shops on Gloucester Road, Patchway and would suit a variety of uses within the E use class, subject to consent. Offered to let on a new effectively full repairing and insuring basis.
DESCRIPTION -
Ground floor retail unit of approximately 505 sq ft arranged as open plan shop space. The shop would suit a variety of uses within the E use class, subject to consent.
LOCATION -
The property is strategically located within a diverse parade of shops on Gloucester Road, Patchway. It enjoys close proximity to the popular Cribbs Causeway shopping and entertainment complex, one of the largest retail destinations in the region. Additionally, the property offers convenient access to the M5 motorway, making it easily reachable from various parts of Bristol and beyond. This location provides an excellent opportunity for businesses looking to benefit from a high visibility setting within a vibrant community hub.
LEASE DETAILS -
The shop is available to let on an effectively full repairing and insuring basis. Each party to incur their own respective legal fees.
BUSINESS RATES -
The rateable value with effect from April 2023 is £13,750. This includes the rear section of the shop and first floor not included within the demise offered. Once re rated we would therefore expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: E (expires June 2028)
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
VAT -
All figures quoted are exclusive of VAT unless otherwise stated.
VIEWINGS -
By appointment with Maggs & Allen.
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.
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.
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.
