A ground floor retail unit with first floor storage and facilities.
Location
The unit occupies a prominent location in Cannock Town Centre in a pedestrian shopping precinct close to Cannock Indoor Market ad multi storey car park.
Accommodation
Ground floor retail: 45.8 sq m (493 sq ft)
First floor: 24 sq m (260 sq ft)
Terms
Use
The accommodation may be used for any retail use within Class A1 of the Town and Country Planning (Use Classes) Order 1987, as amended. Other uses may be considered subject to any necessary planning approval being obtained.
Services
It is understood that mains water, electricity and drainage are connected.
Lease
The Council is offering a new lease on a flexible lease term based on a three year rent review pattern. The lessee will be responsible for full decorative order and internal repairs. The Council will be responsible for insurance but will recover the insurance premium from the lessee by way of additional rent.
Rent
Rental Offers are invited over £10,000 per annum exclusive of rates. Rent is payable quarterly in advance.
Service Charge
The tenant will be liable to pay an annual service charge to cover the Council’s costs in maintaining common areas, repairs to the exterior of the premises (excluding the shop front), caretaking and maintaining common services such as refuse disposal, fire alarm and sprinkler system. The service charge is collected as a fixed rate, currently £300 per quarter and any necessary adjustment is made at year end.
Rates
Rates payable for financial year 2015/16 are £5,669.50.
Prospective tenants are advised to contact the Council’s Business Rates Section on 01543 464474 to establish their eligibility or otherwise for Small Business Rate Relief, or any other incentives.