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Retail Unit In Prominent Position, Nos. 4-6 Gaolgate Street, Stafford, ST16 2BG

1,750 Sq Ft / Retail / General Retail

To Let - £16,000.00 per annum

Available - Last updated: 21 June 2021

The property forms part of a three storey building of brick and tile construction providing three retail units on the ground floor with one let to EE and with the two upper levels subject to plans for residential conversion.

The premises provide a rectangular sales area with an aluminium and glazed shop front fitted, have been used for some years for the sale of video games hardware and software 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 west side of the pedestrianised Gaolgate Street between its junctions with Salter Street and Stafford Street. Branches of COSTA COFFEE, EE, THREE, BOOTS OPTICIANS, MILLETTS, RYMAN, VODAFONE, HAYS TRAVEL and other wellknown national retailers are located in the immediate vicinity.

Accommodation

Gross Frontage - 24ft (7.31m)

Net Frontage - 23ft (57.01m)

Shop Depth - 67ft (20.42m)

NET SALES AREA - 1,675 sq ft (155.61 sq m)

Ancillary - 75 sq ft (6.96 sq m)

TOTAL NET FLOOR AREA - 1,750 sq ft (162.57 sq m) 

Terms

SERVICES - Mains water, electricity and drainage are connected. Air-conditioning is fitted.

ASSESSMENTS - The local authority for rating purposes is Stafford Borough Council. The rateable value of the property has been assessed at £41,000 with an estimated uniform business rates payable of £20,459 for the year ending in March 2022. 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. Rates relief should apply to this property until April 2022.

EPC - The Energy Performance Certificate issued for this property indicates an Asset Rating of 125 within Band E. 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 £16,000 per annum, exclusive of rates, with upward only reviews to be at five yearly intervals. VAT is 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 counterpart lease, together with any Stamp Duty and VAT due thereon.

VIEWING - By arrangement with the agents’ Stafford Offices.

The premises are offered subject to contract and to being unlet.

VACANT POSSESSION WILL BE GIVEN ON COMPLETION

Specification

  • 1,750 sq.ft. (162.57 sq.m.)
  • Close to Ryman, Ernest Jones, EE, Costa Coffee, Vodafone, Milletts, Santander, Three, Sports Direct, Hays Travel, Boots Opticians and Holland & Barrett
  • Prominent trading position
  • Prime location
  • Rates concession until April 2022

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £16,000.00 per annum

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Agency Team

Millar Sandy

01785 630340



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