RETAIL / RESTAURANT LETTING (A1/A2/A3) 51 Park Street, Bristol, BS1 5NT www.mbiproperty.co.uk Find out more
Consent for brand new levelling shop front Prominent location close to the University of Bristol and Bristol Cathedral Affluent Clifton situated along Park Street, a key and arterial route into the City centre Next to Nandos Grade II Listed, mid terrace Georgian property with newly consented shop front design A1, A2 and A3 planning consent suitable for a range of restaurant, retail and professional uses 1,300 sq ft ground floor sales area 580 sq ft basement and W/C Attractive entrance and frontage to be redesigned for easy independent access Rear access also available from Hill Street Available on a new lease 37,500 pax (subject to vacant possession / simultaneous surrender of existing lease) Subject to contract
Location Bristol is known to be the 5 th largest conurbation in the UK. It is the South West s major commercial and retail centre. There are excellent links on to the M4 / M5 intersection, located 4 miles to the north, with access to London, South Wales, the wider South West and the Midlands. It s estimated population is believed to be some 500,000 with a larger urban zone of 1.6 million. There is a student population of approximately 60,000 from two universities. Bristol is consistently voted as one of the best places to live and work in the UK. In 2014 it was named as best City in Britain to live in by the Sunday Times. Park Street itself is located in Clifton, an affluent and popular suburb, situated approximately 1 mile north west of the City Centre and forming the core retail offering north of the City, along with Queens Road. Park Street runs from Bristol Cathedral to the Wills University. The subject property is located about midway. Local operators include Nandos, Gourmet Burger Kitchen, Jigsaw, Fat Face, Reiss, L Occitane, Jamie s Italian, Browns and Pizza Express. Property Services Tenure Rates Proposal The building is arranged over a ground floor of approximately 1,300 sq ft sales (+ kitchen by way of separate negotiation providing another 320 sq ft) and a basement with W/C facilities of about 580 sq ft. The upper parts are to be converted to residential use STPP and vacant possession. The most recent use is that of a restaurant under use class A3 of the Town & Country Use Classes Order 1987 (as amended). Retail uses falling under use classes A1 and A2 would therefore be considered as acceptable alternative uses without the need for further planning consents. Mains water, electricity, gas and drainage are available and are believed to be connected. Purchasers are advised to make their own inspections. Note a new shop front design is to be submitted for planning consent. Available leasehold on a new lease. According to the Valuation Office Agency the charging authority is Bristol City and the individual premises are described as restaurant and premises. The rateable value (RV) for the entire property including upper parts is 75,000 and therefore a reassessment will be required for the ground floor and basement only. For further information / clarification please contact the charging authority. The building is available on a new lease at a rent of 37,500 pax.
Viewing Contact: To view the premises or for any further information please contact the sole selling agent and surveyors: Matt Brooks BSc (Hons) AssocRICS (MD, Surveyor) Tel: 07563 443242 Email: mattbrooks@mbiproperty.co.uk Website: www.mbiproperty.co.uk Office: The Core, Milton Hill, Abingdon, Oxfordshire, OX13 6AB Tel: 01235 828239 Or, Burston Cook Charlie Kershaw DD 0117 9349977 / charlie@burstoncook.co.uk The Money Laundering Regulations 2003 require estate agents and solicitors to formally identify parties to a transaction. Interested parties will therefore be required to provide proof of identity. MBI (Surveyors) Limited for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute (nor in part of), an offer or contract; ii) all descriptions, dimensions, references to condition, and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; iii) no person in the employment of MBI (Surveyors) Limited has any authority to make or give any representation or warranty whatever in relation to this property
Ground floor and basement plans not to scale, indicative only
New rear elevation STPP and following Landlords Works (this is the residential section)