The property comprises a two-storey building of brick and tile construction providing broadly rectangular-shaped retail space on the ground floor with an aluminium and glazed shop front fitted protected by an electrically-operated shutter door, stockroom and ancillary areas on the upper level and the benefit of rear servicing access through an enclosed yard.
The premises have been used for some years as a jewellers and would be suitable for a wide variety of alternative retail and non-retail trades 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 east side of the pedestrianised Gaolgate Street close to its junction with Salter Street. Branches of RYMAN, MILLETTS, EDINBURGH WOOLLEN MILL, CAFÉ NERO, SPECSAVERS, SPORTS DIRECT, TRESPASS, COSTA COFFEE, BOOTS OPTICIANS, GAME, EE and HAYS TRAVEL are located in the vicinity.
Accommodation
GROUND FLOOR:
Gross Frontage - 26ft. 4ins. (8.02m.)
Net Frontage - 22ft. 1ins. (6.73m.)
Average Width - 23ft. 8ins. (7.21m.)
Shop Depth - 67ft. 1ins. (20.45m.)
NET SALES AREA - 1,530 SQ.FT. (142.13 SQ.M.)
FIRST FLOOR:
Storage, staff and toilet facilities - 825 sq.ft. (76.64 sq.m.)
TOTAL NET FLOOR AREA - 2,355 SQ.FT. (218.77 SQ.M.)
EXTERNAL - rear enclosed yardage surfaced in tarmacadam with vehicular access from Vine Street
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 £40,000 with uniform business rates payable of £19,960 for the year ending March 2021. It should be noted 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 the local authority 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 80 within Band D. A full certificate with recommendations will be provided on request.
TERMS - The premises are available on a new full repairing and insuring lease for a term to be agreed at a commencing rental of £15,000 per annum, exclusive of rates and VAT, with upward only reviews to be at five yearly intervals.
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.
VIEWING - By arrangement with Millar Sandy’s Stafford Office.
The premises are offered subject to contract and to being unlet.
VACANT POSSESSION WILL BE GIVEN ON COMPLETION
Specification
- 2,355 sq.ft. (218.77 sq.m.)
- Retail area - 1,530 sq.ft. (142.13 sq.m.)
- Close to Ryman, Milletts, Blue Cross, Edinburgh Woollen Mill, Trespass, Costa Coffee, Game, EE, Vodafone and Boots Opticians
- Prominent trading position
- Rear servicing and parking
- Rates free until April 2021