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Modern Large Retail Unit, Unit C, Gaolgate Place, Stafford, ST16 2AD

4,246 Sq Ft / Retail / General Retail

To Let - £45,000.00 per annum

Available - Last updated: 09 February 2021

A modern and well-presented retail premises comprising an open plan ground floor sales area with approx. 54 feet frontage to Gaolgate Place and a return frontage of approx. 55 feet to Hunters Row. The premises is well presented with a ceramic tiled floor, suspended ceiling with recessed lighting at ground floor and is also lift served and has a wide customer-friendly staircase providing the option to use the first floor as an additional sales area. Although previously used for retail purposes the property would suit a range of alternative uses, (subject to planning where necessary) to possibly include restaurant/café-bar or professional offices.

Location

The property forms part of a modern retail dominated development in the pedestrianised part of the town centre and is positioned on the junction with Gaolgate Place and Hunters Row, next door to Sports Direct.com and opposite Home Bargains. The property is also immediately opposite a range of existing buildings to the rear and above Home Bargains, which have recently been granted planning permission (Ref no: 19/30585/FUL) for change of use together with the formation of a new second floor extension to provide a 120 bed hotel. It is expected that this consent will be implemented through a well know hotel operator shortly, which will significantly elevate the immediate area. The proposed hotel scheme does not include restaurant facilities which creates an opportunity for the subject property to offer restaurant facilities to both guests and the wider public.

Accommodation

Ground Floor

Sales Area: 3,237 sq ft

First Floor

Stores/Additional Sales: 955 sq ft

Kitchen 54 sq ft

Dis WC -

WC -

Total NIA: 4,246 sq ft

Terms

VAT - The rent will be subject to VAT

SERVICES - Mains electric, water and drainage connected. Heating is by means of wall mounted blow heaters. No services have been tested by the agents.

EPC - Band C – Asset Rating 64.

BUSINESS RATES:

Rateable Value: £58,000

Rates Payable: £29,696 pa (20/21)

Note: all retail properties are exempt from business rates until the end of March 2021.

TENURE - Available by way of a new full repairing and insuring lease, by way of service charge, for a term of years to be agreed, subject to rent reviews every three years and with each party bearing their own legal costs

RENT - £45,000 pax

Specification

  • Modern unit forming part of town centre retail development
  • Ground floor sales: 3,237 sq ft (300.9 m2)
  • First floor ancillary: 1,009 sq ft (93.8 m2)
  • Next door to Sports Direct and opposite Home Bargains
  • Close to public car parking
  • EPC: 64 (Band C)

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £45,000.00 per annum

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Contact agents

Agency Team

Rory Mack Associates Ltd

01782 365492



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