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Shop With 1st Floor Storage, No. 19 Gaolgate Street, Stafford, ST16 2BQ

2,135 Sq Ft / Retail / General Retail

For Sale - £200,000.00

Available - Last updated: 17 May 2021

The property comprises a two-storey building of brick construction providing accommodation arranged on the ground and first floors with a sizeable rectangular sales area and a staircase leading to staff facilities and ancillary storage space on the upper level with rooftop servicing.

The premises have been used for a number of years for the sale of menswear and most recently as a betting shop but would be suitable for a wide variety of alternative trading types or possibly for non-retail use subject to any planning consent considered appropriate by the relevant local authority.

Location

The property occupies a prime trading position in Stafford town centre and lies on the west side of the pedestrianised Gaolgate Street between its junctions with Stafford Street and Gaol Square. Branches of multiple retailers including EDINBURGH WOOLLEN MILL, TRESPASS, SPECSAVERS, ADMIRAL AMUSEMENTS and SPORTS DIRECT along with several others are close by. THE BUTLER’S BELL (Wetherspoons), SLATERS ALES and HOGARTHS (Amber Taverns), all in the hospitality sector, are also represented in this part of the high street.

Accommodation

Gross Frontage 19ft.0ins.  (5.79m.)

Net Frontage - 18ft.6ins.  (5.64m.)

Shop Depth - 58ft.9ins.  (17.91m.)

Ground Floor Sales Area - 1,110 sq.ft.  (103.12 sq.m.)

First Floor Ancillary Area - 1,025 sq.ft.  (95.23 sq.m.)

TOTAL NET FLOOR AREA - 2,135 sq.ft.  (198.35 sq.m.)

EXTERNAL - rooftop servicing and loading through the adjoining Hunters Row development.

Terms

SERVICES - Mains water, electricity and drainage are connected.

ASSESSMENTS - The local authority for rating purposes is Stafford Borough Council. The rateable value of the property is £12,750 with uniform business rates payable of £6,362.25 for the year ending March 2021. These details have been based on the information provided by the Valuation Office's website and should be double-checked by any party intending to enter into any commitment that relies on their accuracy.

EPC - The Energy Performance Certificate issued for this property indicates an Asset Rating of 74 within Band C. A full certificate with recommendations will be provided on request.

PRICE - Offers in the region of £200,000 are invited for the benefit of the 125 year-long leasehold interest in the property. This dates from the 6th September 1973 with approximately 47 years unexpired. A service charge is also applicable. VAT does not apply in this case.

LEGAL COSTS - Both parties are to be responsible for their own legal costs incurred in the sale, together with any Stamp Duty or VAT due thereon.

VIEWING - By arrangement with the Agents’ Stafford offices.

The premises are offered subject to contract and to being unsold.

VACANT POSSESSION WILL BE GIVEN ON COMPLETION

Specification

  • 2,135 sq.ft. (198.35 sq.m.)
  • Adjacent to Specsavers and Sports Direct
  • Opposite Wetherspoons, Edinburgh Woollen Mill, Café Nero, Trespass
  • Near to Hogarths Public House
  • Suit investors and owner occupiers

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in the region of For Sale Freehold £200,000.00 NA

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Agency Team

Millar Sandy

01785 630340



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