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Refurbished Retail Unit In Prime Location, 42 Mill Street, Stafford, ST16 2AJ

888 Sq Ft / Retail / General Retail

To Let - £11,500.00 per annum

Available - Last updated: 21 September 2022

A newly refurbished retail unit with ground floor display windows situated along a parade, amongst other long-standing retail units, together with a first floor sales area/store. Located on the popular Mill Street in
Stafford town centre and within a short walk to the newly built Riverside development. The premises briefly comprises open plan ground floor sales area with glazed frontage and a further sales/store area and WC facilities to the first floor. The unit is surrounded by a number of well-presented independent businesses whilst also being close to national retailers such as Nationwide, Natwest and Superdrug.

Location

Mill Street is located within 20 yards of the junction with Greengate Street and within close proximity to public car parking. The new Riverside development is just a 5 minutes’ walk, a distance of 0.2 miles. The unit is situated amongst other commercial businesses including The Treehouse Cocktail Bar, The Milk Stop and The Phone Doctor.

Accommodation

Ground Floor:

Sales area: 459 sq ft

First Floor:

Sales area/Store 429 sq ft

WC --

Total NIA - 888 sq ft

Terms

SERVICES - Mains electricity and water are connected. Electric wall heaters to the ground and the first floor. Please note that no services have been tested by the agents.

VAT - The rent is not subject to VAT.

EPC - Band D (96)

BUSINESS RATES:

Rateable value: £9,800 (22/23)
Rates payable: £4,890.20 (22/23)
** if you qualify for Small Business Rates Relief you should be entitled to a 100% rates payable exemption. Prospective tenants should make their own enquiries to confirm the amount of business rates payable for their proposed use of the property.

TENURE - Available by way of a new full repairing and insuring lease for a minimum term of 3 years, subject to rent reviews every three years and with each party bearing their own legal fees. The ingoing tenant is responsible for reimbursing the landlord for the annual building insurance.

RENT - £11,500 pax

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.

Specification

  • Recently refurbished retail premises situated within Stafford town centre
  • Glazed ground floor shop frontage with first floor sales/store
  • Total NIA of 888 sq. ft. including ground floor sales area of 459 sq. ft.
  • Forming part of a popular parade of retail units on Mill Street, close to the new Riverside development
  • EPC: Category D

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £11,500.00 per annum

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Contact agents

Agency Team

Rory Mack Associates Ltd

01782 365492



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