Commercial Unit, 5 St. Peters Court, Bedminster Parade, Bedminster,
SOLD SUBJECT TO CONTRACT, £135,000
Commercial Investment - A vacant ground floor A3 / A1 commercial unit ( 658 Sq Ft ) with allocated off street parking to rear, kitchen / prep area and toilets.
Bedminster Parade is situated just off the vibrant East Street within the popular suburb of Bedminster. An array of local amenities and services are all within walking distance including independent retailers, bars, pubs, restaurants and cafes. Bristol City Centre is approximately one mile away.
INCOME / TENANTS
The property is let on a 10 year Lease at an initial rent of £10,000.00 per annum with a 5 year upwards only rent review and a Tenant only break Clause at 5 years.
The Lease is guaranteed by the parent Company with a provision that their guarantee can be released if it is substituted with a £5,000.00 cash security bond.
The Tenants operate as a Chiropractors.
The Headlease is for 999 years commencing 2007. There is no ground rent, but there is a Service Charge and rent payable which are recoverable from the Occupational Tenant.
For full details of the EPC please refer to the agent