Unit 16 Princes Street forms part of a larger development of shops close to a number of national operators including; Sainsbury’s, Home Bargains and Sports Direct. The unit which features sales of 903 sq.ft. will include a WC and small kitchenette.
Location
The property is situated on Princes Street, one of the main pedestrian routes leading to the main High Street. There are a number of free short and long stay car parks in close proximity to the development and nearby retailers include; Oatcakes and Milkshakes, Sainsbury’s, Home Bargains, Sports Direct and Costa Coffee.
Accommodation
Ground Floor Sales (to include WC and Kitchen):903 sq.ft.
First Floor
Storage/Staff Room/WC: 1,302 sq.ft.
Total NIA: 2,205 sq. ft.
Terms
VAT - The rent will be subject to VAT.
SERVICES - Mains electricity and water are connected. Please note that no services have been tested by the agents.
EPC - Band D – Asset Rating 79
BUSINESS RATES:
Rateable Value: £16,500
Rates Payable: £8,233.50 p.a. (20/21)
Note: you may qualify for a % discount. We would advise speaking to the local council to be sure. There may also be a further discount available if the ground floor is taken in isolation and the rates are reassessed.
Local Council: Stafford Borough Council
TENURE - Available by the way of a new full repairing and insuring lease (by way of service charge) for a term to be agreed. The incoming tenant will be responsible for reimbursing the landlord for the annual buildings’ insurance (worked out on a % basis). Each party will be responsible for their own legal fees.
RENT - £6,500 + VAT
Specification
- Town centre location benefiting from (A1) retail consent (would suit alternative uses STP)
- Close to Home Bargains, Sainsburys and Sports Direct
- Total ground floor sales 903 sq.ft.
- New lease available
- EPC – Band D
- Popular market trading town with a recorded footfall of over 600,000 people per month