The premises form part of a three-storey brick and tile development comprising two shop units with separately let flats above and provides a retail area on the ground floor.
Aluminium and glazed display windows are fitted to the front with further frontage to the town’s bus station at the rear. Security shutters protecting the front and rear entrances are in situ.. Customer toilets and a stairlift for disabled access to the rear trading area are installed.
The premises have previously been used as a betting shop but would be suitable for a wide variety of alternative trading or possibly for other non-retail usage subject to any planning consent considered appropriate by the local authority.
Location
The property is prominently situated in Rugeley town centre on the west side of Upper Brook Street between its junctions with Brook Square and Horsefair and close to a number of national multiple retailers including COSTA COFFEE, SPECSAVERS, BOOTS, HAYS TRAVEL, LLOYDS BANK and CORAL.
Accommodation
Ground Floor Sales Area - 1,445 sq.ft. (134.24 sq.m.)
Ground Floor Kitchen - 65 sq.ft (6.04 sq.m.)
TOTAL NET FLOOR AREA - 1,510 SQ.FT. (140.28 SQ.M.)
Terms
SERVICES - Mains water, electricity and drainage are connected. An air-conditioning system is fitted.
ASSESSMENTS - The local authority for rating purposes is Cannock Chase Council. The rateable value of the property has been assessed at £16,000 with an estimated uniform business rates payable of £7,984 per annum for the year ending in March 2022. Please note that the rates payable calculation may vary as a consequence of transitional relief provisions. These details have been based on the information provided by the Valuation Office's website and should be double-checked by any party intending to enter into any commitment that relies on their accuracy.
EPC - The Energy Performance Certificate issued for the property indicates an Asset Rating of 58 within Band C. A full certificate with recommendations will be provided on request.
TERMS - The premises are available on a new full repairing lease for a term to be agreed at a commencing rental of £14,950 per annum exclusive of rates, and VAT if applicable, with upward only reviews to be at five yearly intervals. The landlord insures the property and then recharges the tenant the cost thereof.
LEGAL COSTS - Both parties are to be responsible for their own legal costs incurred in the preparation of the lease and the counterpart lease, together with any Stamp Duty and VAT due thereon.
Specification
- 1,510 sq.ft. (140.28 sq.m.)
- Available for immediate occupation
- Central position with additional frontage to bus station
- Close to Costa Coffee, Specsavers, Boots, Coral, Hays Travel
- Security shutters fitted