Retail premises to let in Mill Street, Cannock WS11

Prominent ground and first floor duplex shop premises situated in Cannock town centre and visible from the junction where there A34 meets the A4601. Car Parking (short term) is available on Morrisons which is a short walk away whilst nearby traders include Iceland, tui and Poundland. Affordable space at £833.33 pcm plus VAT.

Location

The property is located at the lower end of Church Street, visible from Mill Street/A4601 and the A34 including the busy junction/traffic lights. Parking is available nearby and we would recommend that viewers park on Morrisons whilst undertaking viewings.

Accommodation

Arranged over the ground and first floors:
646 Sq ft (60.0 Sq m)
WC

Services

Electric and Water are available subject to any reconnection which may be necessary. The property benefits from Gas fired central heating to wall mounted radiators which is in common with Shop 3 and the adjoining showroom. Please refer to 'Service Charge' in respect of costs associated with this.

Planning

We understand the property can be used under the 'E' Classification (Retail). 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

**** zero rates applicable ***

To be reassessed - estimated Rateable Value: £9,000

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 for a preferred term of 3 years or more on a Tenants Internal Repairing and Insuring basis.

Service Charge

There will be a service charge to cover the cost of heating within the premises which will be apportioned on a square foot basis and charged quarterly by the Landlord.

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.

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.

Legal Costs - Letting

The ingoing tenant is responsible for the landlord's legal costs in connection with the preparation of the lease at a cost of £395+VAT.

Vat

We have been advised Vat is applicable to this property.

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.