A listed former textile mill which has been tastefully converted to create a mixture of 1, 2 and 3 bedroom apartments. The ground floor commercial unit has never been occupied and is presented as an empty shell with mains water and electricity connections. The unit offers 1,080 sq ft of sales area spanning the front of the building with six large windows onto the high street letting in lots of natural light. There is also a further 150 sq ft providing storage and a 228 sq ft area earmarked for kitchen and toilets. The unit is available as a ‘shell’ allowing the incoming tenant to refurbish the unit to suit their business needs and incentives can be offered to assist with this process.
Location
Tean Hall Mills is located on High Street in the centre of Tean and opposite the junction with the A522 leading to Cheadle. Tean is located just off the A50 in-between Stoke on Trent and Uttoxeter.
Accommodation
Ground Floor Open plan sales: 1,080 sq ft Store: 150 sq ft Room (potential bathroom): 228 sq ft Total GIA 1,458 sq ft
Terms
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.
RENT
Year 1: £10,000 pa Year 2: £11,000 pa Year 3: £12,000 pa
Specification
SERVICES
Mains water, drainage and electricity are connected. Please note that no services have been tested by the agents.
VAT
The rent is not subject to VAT.
BUSINESS RATES
As the ground floor commercial unit has never been occupied since renovation, the ratable value will need to be reassessed.
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.