A self-contained, ground floor retail unit located on busy Lamb Street, in the heart of Hanley. The premises benefits from high exposure as the property is situated opposite the high demand ‘Primark’. The accommodation briefly comprises a ground floor retail unit, with raised floor toward the rear of the premises with a ramp, making it disabled friendly (can’t remember the correct phrase).
There is a mass of storage space comprised over 2 lower floors: with access to a secure, shared loading bay and commercial wastage bins.
The property benefits from a large, aluminum framed front window with a front roller shutter.
Location
Located in the busiest, commercial location of Stoke-on-Trent, Hanley. Lamb Street is in the heart of the city center.
Situated between many major retailers such as Primark and TK Maxx. It benefits from high pedestrian foot fall.
Accommodation
Ground Floor:
Front Sales: 601 sq ft
Rear Sales: 451 sq ft
Total NIA: 1,403 sq ft
Lower ground:
Storage: 316 sq ft
W/C: 35 sq ft
Terms
SERVICES - Mains electricity, water and drainage are connected. Please note that no services have been tested by the agents.
BUSINESS RATES:
Rateable Value: £8,500 (effective 1st April 2023)
Rates Payable: £4,241.5 (23/24)
Note: If you qualify for Small Business Rates Relief you should be entitled to a 100% rates payable exemption.
VAT - The rent is not subject to VAT.
TENURE - Available by way of a new Full Repairing and Insuring lease by way for service charge of £1,672.26 +VAT, for a term of years to be agreed and with rent reviews every three years and with each party bearing their own legal costs associated with the lease.
RENT - £12,000 pax
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.
Specification
- Self-contained ground floor retail unit in the centre of Hanley
- Total NIA: 1,052 sq ft
- Extensive lower ground storage with access to secure service yard and commercial bins.
- Close to national retailers such as Primark, TK Maxx and Card Factory
- EPC: 98 (Band D)