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Prime Town Centre Retail Unit, 53 Greengate Street, Stafford, ST16 2JE

1,600 Sq Ft / Retail / General Retail

To Let - £19,950.00 per annum

Available - Last updated: 21 June 2021

The property comprises a retail unit of three-storey brick and tile construction with a timber framed shop front and provides a sales area on the ground floor together with ancillary stockroom space at first and second floor levels.
 
The property was previously tenanted by Thorntons and provides an ideal opportunity for an ingoing tenant to acquire a high street outlet ready for early trading.

Location

The property is prominently situated in Stafford town centre on the west side of the pedestrianised Greengate Street between its junctions with Market Square and St Mary’s Passage and immediately adjacent to CO-OP TRAVEL. Branches of MCDONALD’S, SAVERS, STARBUCKS, CLINTONS, TIMPSON, W H SMITH, WATERSTONES are in the immediate vicinity.

Accommodation

Gross Frontage - 20ft

Net Frontage - 19ft 3ins

Maximum Width - 19ft 3ins

Shop Depth - 40ft 10ins

SALES AREA - 555 sq ft

First Floor - Storage and staff - 455 sq ft

Second Floor - Storage - 590 sq ft

TOTAL FLOOR AREA - 1,600 sq ft

Terms

The premises are available on a new full repairing and insuring lease for a term to be agreed at a rental of £19,950 per annum, exclusive of rates and VAT, with upward only rent reviews to be at five yearly intervals. The landlord insures the property and then recharges the tenant the cost thereof.
 
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 £26,250 with uniform business rates payable of £12,098.75 for the year ending March 2021. Please note that the rates payable calculation may vary as a consequence of transitional relief provisions. 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. The premises are rates free until April 2021 as a consequence of the Government’s Coronavirus business mitigation scheme.
 
EPC
The Energy Performance Certificate issued for this property indicates an Asset Rating of 93 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 counterpart lease, together with any Stamp Duty and VAT due thereon.

Specification

  • 1,600 sq.ft. (148.64 sq.m.)
  • Previously let to Thorntons
  • Adjacent to Co-op Travel
  • Opposite Starbucks and WH Smith
  • McDonald’s, Waterstones, Boots and HSBC close by
  • Early availability

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £19,950.00 per annum

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Agency Team

Millar Sandy

01785 630340



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