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Retail Unit Suitable for a Variety of Uses, 3 Bow Street, Rugeley, WS15 2BT

695 Sq Ft / Retail / General Retail

To Let - £6,500.00 per annum

Available - Last updated: 21 June 2021

The property forms part of a three-storey building of brick and tile construction and provides a ground floor lock-up retail unit with an aluminium and glazed shop front installed.
 
The premises were previously used for the sale of soft furnishings but would be suitable for a wide variety of alternative retail purposes and possibly for non-retail use subject to any planning consent considered appropriate by the relevant local authority.

Location

The property is situated in a secondary trading position in Rugeley town centre on the south side of Bow Street between its junctions with Market Square and Elmore Lane. The immediate area is characterised by local niche traders including café and food trades with a convenience store nearby.

Accommodation

Ground Floor

Retail Area - 550 sq ft

Stock Room - 145 sq ft

Male & Female WCs

TOTAL AREA - 695 sq ft

EXTERNAL - shared rear service area with vehicular access from Elmore Lane.

Terms

The premises are available on a new full repairing and insuring lease for a term to be agreed at a rental of £6,500 per annum, exclusive of rates, with upward only reviews to be at three yearly intervals. The landlord will insure the property and then recharge the tenant the cost thereof. VAT is not applicable in this instance.
 
SERVICES
Mains water, electricity and drainage are connected.
 
ASSESSMENTS
The local authority for rating purposes is Stafford Borough Council. The rateable value of the premises is £3,550 with no uniform business rates payable for the year ending March 2022 subject to certain tenant qualifying criteria. 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 95 within Band D. A full certificate with recommendations will be provided on request.
 
LEGAL COSTS
Both parties are to be responsible for their own legal costs incurred in the preparation of the lease and the counterpart lease, together with any Stamp Duty and VAT due thereon.

Specification

  • 695 sq.ft. (64.56 sq.m.)
  • Suitable for a variety of retail or non-retail uses
  • Secondary trading location close to public car parking
  • Available for early occupation
  • Rates free subject to tenant qualification
  • Rear servicing access

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £6,500.00 per annum

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Agency Team

Millar Sandy

01785 630340



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