Retail premises to let in Church Street, Cannock WS11

Location

The subject premises are situated within the prime retailing position of Church Street and occupies a prominent corner position in the street near to ‘Market Place’, Barclays Bank, Halifax Bank, Poundland, Iceland, and wh Smiths incorporating Post Office.

Description

The property comprises a large ground floor mainly open place retail sales area extending to approximately 9,849 sq ft with dual entrances within a large glazed frontage. The retail space is fitted with surface mounted lighting, and air-conditioning units are installed throughout.

Additionally, the first floor provides extensive storage area and welfare facilities, including canteen space, and managers offices.

The second floor is a dedicated loading space accessed from the ‘top deck’ with dock level/tailboard loading and provides two goods lifts which service all floors.

Services

It is believed that metered 3 phase electricity, gas, water, and drainage is connected to the property.

The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose.

Floor areas

The property comprises the following areas:

• Ground Floor: 9,849 sq ft
• First floor storage and office: 9,849 sq ft
• Second Floor: 384 sq ft
• Total: 20,082 sq ft

Lease terms

A new Fri type lease for a term of years to be agreed between the parties and incorporating upward only rent reviews.

Rental

Upon Application.

All rentals etc are quotes exclusive of business rates, insurance, service charge, VAT and all other outgoings, etc. Rental to be payable quarterly in advance.

Service charge

A variable charge is levied on the unit in order to cover the economic cost of the upkeep and maintenance and management, etc of common parts and facilities. Levied on a fair proportion basis.

Legal costs

Each party to pay for their own costs incurred in a transaction.

Business rates

2023 Rateable Value: £75,500

Possession

Full vacant possession will be offered upon completion of all legal formalities.

VAT

All rentals etc exclude the liability of VAT, which will be chargeable as an addition and at the appropriate rate prevailing.

EPC

C71