The property forms part of a terraced row of buildings and is of two-storey brick and tile construction providing an extensive retail area on the ground floor, fitted with an aluminium and glazed shopfront, together with staff, storage and ancillary facilities at first floor level.
The premises have previously been used as a branch of New Look but would be suitable for a wide variety of alternative types of trading subject to any planning consent considered appropriate by the relevant local authority.
Location
The property is prominently situated in Rugeley town centre on the west side of Lower Brook Street between its junctions with Brook Square and Market Square and close to a number of national multiple retailers including CARD FACTORY, PEACOCKS, BETFRED, BRITISH HEART, SAVERS, GREGGS and WRIGHTS PIES.
Accommodation
Net Frontage - 33 ft. 9in. (10.3 m)
Maximum Width - 34 ft. 3in. (10.45 m)
Maximum Depth - 74 ft. 9in. (22.78 m)
Ground Floor Sales Area - 2,285 sq.ft. (212.28 sq.m)
First Floor Stockroom/Staffroom/Kitchen Area and WCs - 2,100 sq.ft. (195.09 sq.m)
TOTAL NET FLOOR AREA - 4,385 sq.ft. (407.36 sq.m)
EXTERNAL servicing access from the rear.
Terms
SERVICES - Mains water, electricity and drainage are connected. Air-conditioning is fitted.
ASSESSMENTS - The local authority for rating purposes is Cannock Chase Council. The rateable value of the property has been assessed at £XXX with an estimated uniform business rates payable of £XXX for the year ending in March 2022. 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 the property indicates an Asset Rating of 88 within Band D. A full certificate with recommendations will be provided on request. This assessment is subject to updating.
TERMS - The premises are available on a new full repairing lease for a term to be agreed at a commencing rental of £XXX per annum exclusive of rates with upward only reviews to be at five yearly intervals. The landlord insures the property and then recharges the tenant the cost thereof. VAT is not applicable in this instance.
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
- 4,385 sq.ft. (407.36 sq.m.)
- Retail area - 2,285 sq.ft. (212.28 sq.m.)
- Available for immediate occupation
- Potential restaurant/café use
- Previously a branch of New Look
- Opposite Card Factory and Peacocks
- Close to British Heart, Savers, Greggs, Betfred, Wrights Pies and Nationwide