The premises comprise two historic properties dating from around 1870, no.10 being listed and three storey and no.12 being two storey. They are of traditional brick construction with rendered elevations under pitched roofs with tile covering. The second floor of no.10 is currently being used by the landlord's family for a business use but this area can be vacated and Flats 1 & 3 reinstated with limited expense to the purchaser. The property was rewired in 2022.
Location
The property is prominently situated on the main A34/A4601 Ringway on the edge of Cannock town centre. The last traffic census in 2017 showed over 30,000 vehicles a day passing the property. Cannock itself is well situated for access to the M6 and M6 Toll motorways together with the A5.
Accommodation
All measurements are approximate:
| Suite | Description | Sq Ft | Sq M |
| Number 10 | | | |
| RHS, Ground Floor | Shop premises with shared WC | 270.0 | 25.0 |
| RHS, First Floor | Office | 200.0 | 18.5 |
| LHS, Ground Floor | Retail area | 484.0 | 44.9 |
| First Floor | Hairdressing Salon | 600.0 | 55.7 |
| GF Rear Flat | Flat 2 having living room, kitchen,
bathroom & first floor bedroom | 323.0 | 30.0 |
| Second Floor | Flat 1 having office, waiting room
and shower room | 432.0 | 40.1 |
| Second Floor | Flat 3 having exercise area, kitchen,
treatment room & shower room | 362.0 | 33.6 |
| Number 12 | | | |
| Ground & First Floor | Restaurants and ancillary areas | 1,377.0 | 127.9 |
| | Total Net Internal Area | 4,048.0 | 376.0 |
Outside
Illuminated electronic advertising sign on the exterior wall of No.12.
Terms
FURTHER INFORMATION
The two registered domain names for Meriden House can be transferred if required, by arrangement.
The property is sold subject to the existing occupational leases. The total rent roll for the current year equates to £50,850 per annum.
TENANCY SCHEDULE
A tenancy schedule is available upon request. There are six commercial tenancies in place and one residential tenancy.
RATEABLE VALUE/RATES PAYABLE
| Suite | Rateable Value | Rates Payable |
| 1st Floor | £5,300.00 | £2,644.70 |
| 10A | £3,900.00 | £1,946.10 |
| 10B | £5,200.00 | £2,594.80 |
| 12 | £7,300.00 | £3,642.70 |
| Flat 2 | Council Tax Band A | £1,432.66 |
All figures from VOA/Cannock Chase Council, for 2024/2025 year.
ENERGY PERFORMANCE CERTIFICATES
| Suite | EPC Rating |
| Unit 1, 2nd Floor | C-51 |
| Unit 2, 1st Floor | B-45 |
| Unit 3, Ground & 1st Floor | B-46 |
| Unit 4, Ground Floor | B-27 |
| Unit 5, Ground & 1st Floor | C-64 |
Specification
- Mixed Use Investment For Sale Freehold
- Prominent Town Centre Location
- Current Rent Roll £50,850 pax
- Part Retail and Part Residential
- Established Tenants
- EPCs B-27, B-45, B-46, C-51 & C-64