Summary
An imposing city centre office premises, part of which dates back to the Victoria era with attractive brick elevations highlighted by stone cornicing and detailing adjacent to which is a three-storey extension built during the early 1990s. The majority of the accommodation is arranged over
the ground floor with additional accommodation on the first and second floor, all of which is lift served. The building has been occupied by the Citizens Advice Bureau for over 30 years during which time the property has undergone a number of refurbishments to ensure it remains compliant and suitable for modern day working practices. Internally there are a range of private and open plan offices the arrangement of which could easily be adjusted to accommodate alternative layouts by the removal of non-structural stud partitioning. To the side of the property are four onsite car parking spaces and a number of public car parks are within a five-minute walk.
Key Points
Imposing city centre office premises with 4 car parking spacesArranged over three floors and extending to 7,900 sq ft GIALift served and fully modernised with Cat 5 networking pointsAvailable by way of assignment of lease expiring September 2031EPC: TBC
Services
All mains services are connected. Comfort cooling and gas fired central heating installed. No services have been tested by the agents.
Accommodation
Ground Floor
Offices (inc toilets) 4,537 sq ft
First Floor
Offices (inc toilets): 2,009 sq ft
Second Floor
Offices (inc toilets): 1,354 sq ft
Total GIA: 7,900 sq ft
VAT
The rent is subject to VAT.
Business Rates
Rateable Value: £49,250
Rates Payable: £24,575 pa (24/25)
Tenure
The property is available by way of the assignment of the current lease which commenced on the 8th March 2003 and expiries 2nd September 2031. The passing rent is now fixed until the end of the term at £40,250 + VAT pa which roughly equates to a low rent of approx. £5.00 per sq ft. The lease is composed on a Full Repairing and Insuring basis and each party will be responsible for their own legal fees.
Anti-money Laundering Regulations
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.
Location
The property has an extensive frontage to Cheapside in the centre of the city and is within the Cultural Quarter. There are several public car parks and the Potteries Shopping Centre within a five minute walk. The easiest way to drive to the property would be to come off the inner ring road, Marsh Street South (A5006), at its junction with Pall Mall and at the end of Pall Mall to turn left into Albion Street and immediately left again onto Cheapside where the property will feature at the end of road on the right-hand side.