38 Piccadilly, Stoke-on-Trent, ST1 1EG

Summary

A deceptively large retail premises in the popular pedestrianised location of Piccadilly. The property is located opposite the Regent Theatre, close to a number of
popular bars and restaurants. Piccadilly has become a busy and bustling location over recent years hosting BID events and becoming the place for people to congregate late into the evening. Internally, the property is a blank canvas and can be configured by the ingoing tenant to suit their needs. The unit boasts a large sales area together with a raised sales area with stores kitchen and male and female toilets to the rear. The property would suit a bar/grill restaurant, café bar, retail unit or financial services office (STP). The landlord has recently fire boarded and soundproofed the property as part of the ongoing development of the building, to including adding 12 x executive apartments above.

Key Points

Services

Mains electric, water and drainage are connected. Heating is provided by wall mounted electric heaters. No services have been tested by the agents.

VAT

The rent is not subject to VAT

Tenure

Available by way of a new Internal Repairing and Insuring lease for a minimum of 3 years and with rent reviews every 3 years and with each party bearing their own legal costs associated with the lease.

Business Rates

Rateable value £11,750
Rates payable £5,863.25 pa (23/24)
Note: If you qualify for Small Business Rates Relief you should be entitled to a 100% rates payable exemption.

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.

Location