A well presented and self-contained ground floor retail unit located on busy Lamb Street, in the heart of the city benefiting from high footfall as the property is situated opposite Primark. The accommodation briefly comprises a ground floor sales area with extensive window frontage protected by externally mounted and electrically operated window shutters. There is also a large storage space on the lower floor. Through the lower floor there is access to a secure, shared service yard with a loading bay and commercial waste bins.
Location
Located in the city centre on Lamb Street is in the heart of the main shopping area, close to The Potteries shopping centre and situated between many major retailers such as Primark and TK Maxx.
Accommodation
Ground Floor:
Sales: 1,222 sq ft
Lower Ground:
Storage: 1,166 sq ft
W/C x2: -
Total NIA: 2,388 sq ft
Terms
SERVICES - Mains electricity, electric heating, water & drainage are connected. Please note that no services have been tested by the agents.
BUSINESS RATES:
Rateable Value: £30,500
Rates Payable: £15,219.50 pa (23/24)
Note: You could qualify for retail, hospitality and leisure relief if your business is mainly being used as a shop, restaurant, café, bar, hospitality or leisure use. If you’re eligible, you could get 75% off your business rates bills for the 2023 to 2024 billing year (1 April 2023 to 31 March 2024).
VAT - The rent is not subject to VAT.
TENURE - Available by way of a new Full Repairing and Insuring lease by way for service charge (approximately £2,410 +VAT pa), for a term of years to be agreed and with rent reviews every three years and with each party bearing their own legal costs associated with the lease.
RENT - £17,500 pax
ANTI MONEY LAUNDERING REGULATIONS - In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.
Specification
- Self-contained ground floor retail unit in the centre of Hanley
- Total NIA: 1,222 sq ft
- Extensive lower ground storage with access to secure service yard with loading bay and commercial bins.
- Close to national retailers such as Primark, T.K Maxx and Card Factory
- EPC: 98 (Band D)