Retail premises to let in Piccadilly, Hanley, Stoke-On-Trent ST1

Prominent ground floor retail premises with basement area located within the heart of Hanley Town Centre providing an excellent trading location.

Description

The premise fronts onto the junction of Piccadilly and Fountain Square and consists of:

* Retail area with concertina doors.
* Suspended ceiling with integrated air-conditioning unit.
* Rear preparation area and office,
* Basement with full head height.
* Toilet facility

Location

The property is situated within the pedestrianised area of Hanley Town Centre Conservation Area at the junction with Fountain Square and adjoining Tontine Square. The property is also within a short distance from the Intu Potteries Shopping Centre, as well as being a main link between Piccadilly and the city centre. Other occupiers in the immediate vicinity include Spec Savers Opticians, Lloyd's tbs and HSBC.

Accommodation

The property is currently occupied with partition walls having been put up to create 'escape rooms'. The property will be put back to original layout;

Net frontage: 5.6m
Retail depth: 7.58m
Sales area: 42.60 sq m (458 sq ft)
Preparation area: 22.80 sq m (245 sq ft)
Office: 12.10 Sq m (130 sq ft)
Basement: 43.97 sq m (473 sq ft)

Services

All mains services are available subject to any reconnection which may be necessary.

Planning

Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Rating

The voa website advises the rateable value for 2023/24 is £17,500. The standard non-domestic business rates multiplier is 51.2p. The small business multiplier is 49.9p up to a rateable value of £50,999. Small Business may benefit for upto100% on premises with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.

Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.

Tenure - Leasehold

Leasehold - on new terms to be agreed. The agreement will include a service charge provision for external maintenance and repairs currently at £1,000 pa rising to £1,690 in 2027.

Vat

We have been advised Vat is applicable to this property.

Proof Of Identity

To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction.

Credit Check

On agreed terms the ingoing tenant will be required to pay a fee of £85 to buttersjohnbee for the application and collation of references and credit data from a third party. The application process will, under normal circumstances take between two and five working days. The applicant will be required to complete a simple online form for submission to our credit reference agency. Application fee will be payable in advance and will not be refundable.

Legal Costs - Letting

The ingoing tenant is responsible for the landlord's legal costs in connection with the preparation of the lease.

Viewing

Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone . Opening hours are 9.00-5.30pm, Monday to Friday.

Please Note

The internal pictures on this brochure are from when the current tenant moved in, and at the moment there are temporary walls in place. When a new tenant is found the unit will be restored similar to these pictures.