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38 Church Rd 729 SF of Assignment Available in Bishops Cleeve GL52 8LR
ASSIGNMENT HIGHLIGHTS
- Turn key opportunity - ready to trade
- Free parking to front kerb
- Town centre location
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 729 SF | Mar 2032 | $36.62 /SF/YR $3.05 /SF/MO $26,694 /YR $2,224 /MO | Internal Repairing Only |
Ground
The available ground floor demise has been renovated to a high standard to include new electricity wiring and plumbing system throughout, laminate flooring, new electric boiler and well presented open plan café premises. The existing occupational Lease is offered for sale on the basis of an Assignment at a Premium of £25,000, to include the trade fixtures and fittings. An inventory is available on request. The Lease is on internal and shop front repairing terms and expires 20th March 2032. There is a tenant’s break op on on 20th March 2027, likewise an upward only rent review. The current rent is £20,000 per annum exclusive and the Lease is excluded from the security of tenure provisions of the Landlord & Tenant Act 1954 Part II. A rent deposit equal to six months rent may be required.
- Use Class: E
- Assignment space available from current tenant
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Energy Performance Rating - D
- Demised WC facilities
- Fully renovated to high standard
- Suitable for a variety of uses
- Laminate flooring
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 729 SF | Gross Leasable Area | 855 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Residential | Cross Streets | Bishops Cleeve |
| Total Space Available | 729 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 855 SF |
| Year Built | 1910 |
| Cross Streets | Bishops Cleeve |
ABOUT THE PROPERTY
The premises comprise the ground floor of a two storey building of rendered and painted brickwork elevations under a le covered pitched roof. Providing approx. 30 covers, the premises are offered fully fi ed as a turn key business opportunity, but would be suitable for other uses. 38 Church Road is located on the south side of Church Road in the centre of Bishops Cleeve close to its junction with Tobyfield Road. The surrounding properties are predominately in retail and residential use.
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38 Church Rd
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