The property, which is at the end of a parade, comprises of a double fronted ground floor Fish & Chip Shop Takeaway with a three bedroomed residential flat over. There is car parking to the rear. Other retailers in the parade include a Chinese take-away, Butchers, Taxi office, Hairdressers and Public House.
Location
The property is situated on the main B5013 Cannock Road in the heart of Chadsmoor. It lies approximately 1.5 miles north east of Cannock town centre. Access to the M6 motorway at junctions 11 and 12 is approximately 3.5 and 4.5 miles away respectively and T7 of the M6 Toll Road is approximately 2.5 miles distant.
Accommodation
All measurements are approximate:
Ground Floor
Hot food take-away approx 948 sq ft (88.1 sq m) including staff toilets, preparation rooms & storage.
First Floor
Approached via an external steel staircase
Kitchen with working surfaces, cupboards & sink unit
Living Room 11ft 10ins x 12ft 3ins (3.6m x 3.7m)
Bedroom 1 - 12ft 10ins x 16ft (3.9m x 4.9m)
Bedroom 2 - 12ft 5ins x 12ft 2ins (3.8m x 3.7m)
Bedroom 3 - 12ft 2ins x 12ft 8ins (3.7m x 3.8m)
Shower room - 8ft x 24ft 6ins (2.17m x 7.4m) with shower cubicle, wc with close couple suite and wash hand basin
Outside - Large rear car park
Terms
ASKING PRICE - Offers around £XXX NO VAT.
LEASE - The current occupier trades as a Fish & Chip takeaway and has a 15 year lease from 23rd August 2016 with 3 yearly rent reviews, to keep in good repair and condition. Current rent passing £XXX per annum paid quarterly in advance.
TENURE - The property is available to purchase freehold subject to the occupational lease in place.
RATEABLE VALUE - Shop: £XXX Flat falls within Band A - Valuation Office.
RATES PAYABLE - Shop: £XXX Flat: £XXX - 2022/2023.
ENERGY PERFORMANCE CERTIFICATE - Energy Performance Certificate Rating B-38.
LEGAL COSTS - Each party to bear their own legal costs in this matter.
Specification
- INVESTMENT OPPORTUNITY
- Tenanted Fish & Chip Shop
- Residential Flat with New Carpets and Brand New Shower Room
- Prominent High Street Location on B5103
- Large rear Car Park
- Passing Rent £XXX pax
- EPC Rating B-38