A mid terraced retail unit which has just been completely refurbished throughout to include new wiring, plumbing, plastered walls, windows, kitchen and bathroom. The property also has a brand new shop frontage with plenty of natural light and benefits from free on street parking to the front. The property briefly comprises an open plan sales area, kitchen, bathroom and rear storage area. The unit will be presented as a blank canvas and will require only floor coverings prior to opening. The property would suit a retail outfit but could also be used by financial services or as office accommodation.
Location
The property is prominently located on Victoria Road (A50), the main road that connects Fenton with Hanley and is 50 metres from City Road which links to the A500. Junction 15 of the M6 is less than 4 miles away.
Accommodation
Ground Floor Sales area 171 sq ft Kitchen 29 sq ft Rear store 68 sq ft WC -- Total NIA 268 sq ft
Terms
Available by way of a new Internal Repairing and Insuring lease, contracted outside of the Landlord & Tenant Act 1954 for a term of years to be agreed. There will be rent reviews every 3 years and each party will bear their own legal costs associated with the lease.
Specification
SERVICES
Mains electric, water and drainage are connected. Heating is provided by wall mounted electric heaters. No services have been tested by the agents.
VAT
The rent is not subject to VAT
BUSINESS RATES
The Rateable Value is to be reassessed. The agents confidently expect that the new Rateable Value will be below the threshold that will enable a tenant to claim Small Business Rates Relief. Note: If you qualify for Small Business Rates Relief you should be entitled to a 100% rates payable exemption.
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.