Newly refurbished ground floor offices within Park East at Park Plaza; a purpose built office complex consisting of five impressive buildings, providing light and airy offices in a superb location. The suite benefits from having air conditioning, designated parking for 8 vehicles and being within easy walking distance of the Designer Outlet village where there are a range of shops, restaurants and coffee shops.

Description:

Park Plaza consists of five impressive buildings, providing light and airy offices in a superb location. Point East is a ground floor suite measuring 1925 Sq ft consisting of a reception, open plan office and a series of private offices around the perimeter. There is a board/meeting room, visitor intercom system and shared kitchen and WC facilities.

Location:

Park Plaza is located one mile north of Cannock town centre with easy access to J11 & J12 of the M6 and T7 of the M6 Toll and also benefits from superb public transport connections.
Just a 2 minute walk will take you to the popular McArthur Glen Designer Outlet, with top fashion brands, boutiques and restaurants.. The woodlands, meadows and wetlands of the pretty Mill Green Nature Reserve can also be enjoyed nearby.

Services:

Electric and water are connected to the property, both of which are metered and invoiced to the Tenant monthly. The offices incorporate a modern air conditioning/heating system which is powered from the mains electric supply and complimented by the on-site solar panels which help to reduce the monthly cost. Further 'Green' benefits include the PIR sensor lighting which are present within the suite whilst those with EV's can charge them at the Outlet village, just a short walk away.

Superfast 1GB internet/broadband is available to the ingoing Tenant either short term or for the duration of the lease at an additional cost.

Rating:

The VOA website advises the rateable value for 2023/24 is £19,250. 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.

Service Charge:

There is a service charge amounting to £224.80 plus VAT per month (in advance) to cover the upkeep and maintenance of common areas including access roads, parking, communal kitchen, WCs and reception entrance.

Tenure:

A new lease for a term to be agreed. The landlord is seeking a Tenant to occupy the property for a preferred term of 5 years or more however a shorter 3 year lease may be considered.

Stepped Rent: Year 1 and 2 at £19,800 per annum plus VAT, Year 3 at £22,000 per annum plus VAT.

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.