A large and adaptable retail premises positioned between two large national retailers in the centre of Stafford. The building is accessed via the pedestrianised Gaolgate Place with a large council run car park directly
behind which services the north side of the town. The property comprises an open plan ground floor sales area and large sales/stockroom, loading bay with window frontage onto Gaolgate Place and side onto Mount Street. On the first floor are a range of stockrooms and staffrooms alongside staff toilets. The premises benefits from tiled flooring, suspended ceilings, recessed lighting at ground floor level, air conditioning, gas blow heater in stockroom, electric roller shutter and automatic doors to the frontage. Although previously used for retail purposes the property would suit a range of alternative uses (subject to planning where necessary) to possibly include restaurant/café bar, showroom or professional offices.
Location
The property forms part of a modern retail dominated development in the pedestrianised part of the town centre and is positioned at the end of Princes Street on Hunters Row and is in-between national retailers Home Bargains and Iceland and is a short walk to the Sheridan Centre Car Park. Stafford.
Accommodation
Ground floor
Main sales area: 2,406 sq ft
Rear sales/stockroom: 2,938 sq ft
Total NIA: 5,344 sq ft
First floor
Stockroom: 1,918 sq ft
Stockroom: 135 sq ft
Stockroom: 98 sq ft
Staff room: 167 sq ft
WC x 2 : -
Total NIA: 2,318 sq ft
Overall NIA: 7,662 sq ft
Terms
Available by way of a new full repairing and insuring lease, for a term to be agreed. Rent throughout the term is payable monthly in advance by way of standing order and a rent deposit is payable at the beginning of the term. The property is also available to purchase freehold with vacant possession upon completion.
Specification
BUSINESS RATES
Rateable Value: £29,750
Rates Payable: £14,845.25 pa (24/25).
Note: Retail, hospitality and leisure relief – You could be entitled to 75% off your business rates bills for the 2024 to 2025 tax year (1 April 2024 to 31 March 2025).
VAT
The purchase price/rent is subject to VAT.
SERVICE CHARGE
A service charge is payable by the ingoing tenant. Details will be made available upon request.
SERVICES
Mains electricity, gas, water and drainage are connected. No services have been tested by the agents.
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.