57-67 Lodge Road is located 1.5 miles South East of Rugeley Town Centre on a privately owned residential housing estate. Sat Nav users should use postcode WS15 1HR.
Ground Floor Retail:1648 Sq ft (153.10 Sq m) WC There is the option to take one or two the first floor flats each with living room, kitchen, bathroom and two bedrooms.
A one month rent free period will be offered to the Tenant to assist with Tenants internal fit out.
Water & Electric services are available subject to any reconnection which may be necessary. Landlord is willing to allow an ingoing tenant permissions to install gas services if required.
Each party is to be responsible for their own legal costs incurred in connection with the lease.
Description
A double fronted ground floor retail unit on Lodge Road in Brereton, Rugeley. The parade will undergo refurbishment and each unit will be offered as a shell specification with power and lighting. A new shop frontage will be installed to further improve this exciting redevelopment.
Description:
Numbers 65-67 Lodge Road forms part of Lodge Road shopping parade, a mixed use destination comprising six retail units with self contained flats above. Our client will be undertaking a refurbishment program to include a new roof, fascia boards, improved shop frontages, complete renovation of the first floor flats and electrics throughout. The retail space will be offered as a clean refurbished shell with lighting and electrical points throughout. Customer car parking is available immediately in front of the parade and there is staff parking to the rear. The shop is available on its own or can be combined with the first floor flat,
Rating:
The Rateable Value is £10,000.
The standard non-domestic business rates multiplier is 49.3p. The small business multiplier is 48.0p up to a rateable value of £51,000. 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:
Ground Floor Shop:
A new IRI Lease (with service charge provisions) for a preferred term of 5 years or more at £14,500 per annum.
* Please note the Landlord may consider a Tenants break option at the end of the 3rd year.
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.
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.
Location
