£51,987 pa

Restaurant to let

  1.  Front Professional.Jpg
  2.  Main Image Professional.Jpg
  3.  Restaurant 1.Jpg

£51,987 pa

(£12.74/sq. ft. pa)

Restaurant to let

Lower Guinea Street, Bristol BS1

4,080 sq. ft

Local area information

Property location

Nearby amenities

  • Prince Street Bridge Ferry Landing 0.2 miles
  • St Mary Redcliffe and Temple School 0.3 miles
  • Millennium Square Ferry Landing 0.3 miles
  • Holy Cross RC Primary School 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bristol to find out more about the local area.

Features and description

  • ***confidential sale***
  • City Centre/Waterfront Location
  • Fully Equipped / Extensive Inventory
  • Approx. 4,100 ft2.
  • Lease For Sale
  • Exceptional Grade II Listed Restaurant`
***confidential sale***
An exceptional and fully equipped restaurant offering flexible accommodation, including various spacious kitchens, rear stores, offices and toilet faculties. The restaurant measures approximately 4,100 ft2 and previously operated as a Michelin Star restaurant. It has consequently been refurbished to a very high specification and includes a large external terrace to the front.

The premises is situated close to Bristol City Centre and is available for sale with a full inventory, subject to an in going premium of £180,000. The lease is available for sale by way of the assignment of a 15 year term from January 2016 at a passing rent of £51,987pa.

Description

An exceptional and fully equipped restaurant offering flexible accommodation, including various spacious kitchens, rear stores, offices and toilet faculties. The restaurant measures approximately 4,100 ft2 and previously operated as a Michelin Star restaurant, and has consequently been refurbished to a very high specification and includes a large external terrace to the front.

The premises is situated close to Bristol City Centre and is available for sale with a full inventory, subject to an in going premium of £180,000. The lease is available for sale by way of the assignment of a 15 year term from January 2016 at a passing rent of £51,987pa.

Lease Details

The restaurant lease is available for sale on the assignment of a 15 year term which commenced on the 19th January 2016, at a passing rent of £51,987 per annum on an internal repairing and insuring basis, plus service charge (subject to 5 yearly rent reviews). A copy of the lease is available on request.

Premium

A premium of £180,000 is sought for the assignment of the lease to include a comprehensive inventory. A copy of the inventory is available on request.

Energy Performance Certificate (Epc)

Rating: B (expires July 2034)

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.

Business Rates

The Rateable Value for Unit 1, with effect from April 2023 is £47,500.

Floor Plan

The floor plan is provided for indicative purposes only and should not be relied upon. The internal layout differs slightly from the plan provided.

Viewings

By appointment.

Vat

All figures quoted are exclusive of VAT unless otherwise stated.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial to let
  3. Bristol
  4. Bristol City Centre
  5. Lower Guinea Street