Ground Floor retail unit suitable for retail, offices or similar use within the Business and Cultural Quarter of Stoke-on-Trent City Centre

Description:

The property comprises a ground floor retail unit adjacent to Martin & Co. Estate agents. The property is within a 1937 art deco building which forms a prominent building within the Business and Cultural Quarter of Stoke-on-Trent City Centre. There is a terraced area to the front of the property with access door into the unit and large double glazed shop front. Overall frontage is 27m of which this unit has frontage of some 9 metres. Internally the property is available to shell finish and provides good open plan space.

The space is available as a whole although could be sub-divided if required, subject to further negotiations.

Location:

The premises are conveniently located with good access to the pedestrianised area of Stoke-on-Trent City Centre (Hanley) and are within walking distance of the main facilities and amenities. Close by 151 apartments are under constructions in a mixture of one and two bedrooms as well as 140 bedroom Hilton Hotel also under construction. Already there is 150,000 sq.ft. Grade A office close by which is fully occupied which include , HM Government and The Davis Group as well as 105,000 sq.ft. Office building let to Stoke-on-Trent City Council, Staffordshire Police and North Staffordshire CCG.

Stoke-on-Trent City Centre (Hanley) is the major shopping area within Staffordshire and has an estimated retail catchment of 750,000 people. St. John's Street Car Park is close by as well as a multi million pound bus station terminal.

Tenure:

A new lease on terms to be agreed. The rent is exclusive of all out-goings.

Ground Floor - Front Area (white box scheme) - £20.00 per sq.ft

Additional Space available - Ground Floor - Rear Area (shell finish scheme)- £10,00 per sq.ft

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.

Rating:

The VOA website advises the rateable value for 2023/24 is to be confirmed. 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.

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 01782 212201. Opening hours are 9.00-5.30pm, Monday to Friday.