Summary
A spacious and well presented retail unit located in the centre of Tean with good visibility onto the High Street. Forming part of a Grade II Listed building with flats above the unit has operated as a kitchen showroom for the last
40 years and could continue as such or would suit a retail, professional services or office orientated business. The property has access to the front on Hall Yard via two entrances leading to an office reception, two open sales areas, storeroom and WC and kitchen on the first floor. The ground floor benefits from plastered ceiling with spotlights in the left hand section and suspended ceiling with spotlights in the right hand section, plus gas powered central heating and laminate flooring. There is an option to split the two units known as shop 1 and shop 2 but a rental of the whole is preferred.
Key Points
- Total NIA 1,052 sq ft
- Excellent location on the main road close to public car parks
- Suitable for retail, showroom or professional services
- EPC – Band B (43)
Services
All mains services are connected and separately metered. Gas fired central heating. Please note, no services have been tested by the agents.
VAT
Shop 1 is VAT registered and makes up 40% of the rent amount.
Business Rates
Rateable Value: £11,250
Rates Payable: £5,613.75 pa (25/26)
Note: If you qualify for Small Business Rates you should be entitled to a 100% rates payable exemption.
Tenure
Available by way of a new Internal Repairing and Insuring lease 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.
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.
Location
The property features prominently on the junction where Hall Yard meets High Street (A522) in the village centre. Upper Tean is easily accessible, being 3 miles off the A50. Cheadle is the nearest town approximately 4 miles to the north. Tean as a village has a convenience store, pharmacy, cafes, pubs, hairdressers, petrol station and primary school. Tean is believed to have around 5,500 residents.