Ground floor commercial unit available to let located within The Square at Cheswick Village.
Location
Cheswick Village is a large residential development in Bristol, approximately 5 miles north of the city centre. The area lies in the heart of a 77 acre plot between Filton, Lockleaze and Stoke Gifford and has been redeveloped to provide over 1,000 new homes. The Square offers a number of commercial units, providing amenity to the residents and students in the area. The Square sits adjacent to Wallscourt Farm Academy School. Current occupiers of The Square at Cheswick include Co-op, Boston Tea Party, Barnardo’s, Happy Days Nursery and a number of independent businesses including a delicatessen, gym and Chinese takeaway.
Accommodation
1,108 Sq ft ( 102.93 sq m )
Terms
Planning We are verbally advised that the accommodation has planning consent for uses falling within Class E. Any occupier should make their own enquiries to the Planning Department of South Gloucestershire Council - Tel: 01454 868004 / www.southglos.gov.uk
Business Rates The property is currently listed on the Valuation Office Agency rating list as ‘shop and premises’ and has a rateable value of £16,250. Interested parties should make their own enquiries to South Gloucestershire Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk .
Energy Performance Certificate The EPC Rating is B (40) and the full certificate can be provided on request.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020 Lease The property is available on a new full repairing lease with terms to be negotiated.
Rent The property is offered to let at a commencing rent of £20 per sq ft per annum, exclusive of VAT. Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
AML A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed