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Double Fronted Commercial Premises, No. 38 Mill Street, Stafford, ST16 2AJ

960 Sq Ft / Retail / General Retail

To Let - £11,950.00 per annum

Available - Last updated: 06 August 2021

The property comprises a two-storey building of brick and tile construction with a flat-roofed extension at the rear and provides a double-fronted retail unit on the ground floor with a self-contained separately occupied flat above.

The premises have been sectioned with non-permanent partitioning, have a suspended tile ceiling with recessed lighting fitted and accommodate a sales area with an aluminium framed glazed shop front installed.

The property would be suitable for a wide variety of retail trades or possibly for a non-retail usage subject to any planning consent considered appropriate by the relevant local authority.

Location

The property is situated in Stafford town centre on the north side of Mill Street between its junctions with Greengate Street and Water Street. Mill Street is a popular shopping thoroughfare occupied by a number of locally well-known traders including BLACKS MENSWEAR, PARKERS OF STAFFORD and PETER ROGERS (PHOTOGRAPHIC). The street scene is characterised by niche retailing and hospitality uses.

Accommodation

Ground Floor:

Retail area - 865 sq ft (80.35 sq m)

Store - 50 sq ft (4.64 sq m)

Kitchen - 45 sq ft (4.18 sq m)

WC facility

TOTAL NET FLOOR AREA - 960 sq ft (89.17 sq m)

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 £12,000 with no uniform business rates be payable for the year ending in March 2022 subject to tenant qualification. These details have been based on the information provided by the Valuation Office's website and Stafford Borough Council’s Business Rates Department 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 96 within Band D. A full certificate with recommendations will be provided on request.

TERMS - The premises are available on a new full repairing lease for a term to be agreed at a commencing rental of £11,950 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.

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

  • 960 sq.ft. (89.18 sq.m.)
  • Popular secondary trading location
  • Double-fronted
  • Suitable for a variety of retail and non-retail trades
  • Area characterised by niche retailing and hospitality outlets
  • Time-limited on-street parking (30 minutes)
  • Rates free subject to tenant qualification

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £11,950.00 per annum

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Agency Team

Millar Sandy

01785 630340



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