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Retail Unit & Offices, No. 67 High Street, Stone, ST15 8AD

1,915 Sq Ft / Retail

To Let - £16,000.00 per annum

Available - Last updated: 21 June 2021

The property comprises a retail unit forming part of a terrace and is of three-storey brick construction with a rendered front elevation, a pitched roof in tile and a timber and glazed shop front with electric shutter door protection to the entrance.

The upper floors provide self-contained office accommodation with a separate access from the side via a passageway and could be made available separately subject to landlord’s consent.

The property would be suitable for a wide variety of retail, non-retail and other commercial purposes subject to any planning permission considered necessary by the relevant local authority and, as far as the ground floor is concerned, already enjoy the benefit of a consent for A2 (Professional and Financial Services) use.

Location

The property is prominently situated in the centre of the small market town of Stone on the north side of High Street between its junctions with Crown Street and Market Place. Nationally known names in the vicinity include B&M, Lloyds Bank and The Children’s Society.

Accommodation

GROUND FLOOR:

Net Frontage 22ft. 6ins. (6.85m.)

Average Shop Width 21ft. 6ins. (6.55m.)

Sales area 385 sq.ft. (35.76 sq.m.)

Rear offices and stockrooms 415 sq.ft. (38.55 sq.m.)

Staffroom 135 sq.ft. (12.54 sq.m.)

WC facility

TOTAL NET RETAIL FLOOR AREA 935 sq.ft 86.85 sq.m.)

FIRST FLOOR - Four offices and WC facility 590 sq.ft. (54.81 sq.m.)

SECOND FLOOR - Two offices - 390 sq ft (36.23 sq m)

TOTAL NET OFFICE FLOOR AREA 980 sq.ft. (91.04 sq.m.)

TOTAL NET (RETAIL AND OFFICE) FLOOR AREA 1,915 sq.ft. (177.89 sq.m.)

EXTERNAL - rear pedestrian passageway accessed from Crown Street leading to separate entrance to offices.

Terms

SERVICES - All mains services are connected. The premises are centrally-heated by hot water radiators fed by a Baxi gas-fired boiler.

ASSESSMENTS - The local authority for rating purposes is Stafford Borough Council. The rateable value is £13,750 with uniform business rates payable of £6,751.25 for the year ending March 2019. These details have been based on the information provided by the Valuation Office's website and Stafford Borough Council and should be double-checked by any party intending to enter into any commitment that relies on their accuracy.

EPC - The Energy Performance Certificate issued for this property indicates an Asset Rating of 81 within Band D for the ground floor and an Asset Rating of 123 within Band E for the upper floors. Full certificates with recommendations will be provided on request.

TERMS - The property is currently subject to full repairing lease for expiring on the 24th May 2024 at a rental of £16,000 per annum exclusive of rates without further review. The landlord insures the property and recharges the tenant the cost thereof. VAT is applicable in this instance. The present tenant wishes to assign the present leasehold interest but, as an alternative, is prepared to sub-let the accommodation either as a whole or in part on terms to be agreed and subject to landlord’s consent.

LEGAL COSTS - Both parties are to be responsible for their own legal costs incurred in the preparation of the assignment or sub-letting documentation, 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 AVAILABLE ON COMPLETION

Specification

  • Retail area - 935 sq.ft. (86.86 sq.m.)
  • Office area - 980 sq.ft. (91.04 sq.m.)
  • Central location
  • Main shopping thoroughfare position
  • Immediately available
  • Close to B & M
  • Branches of Lloyds Bank and The Children’s Society nearby.

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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