Property Summary

  • Prime Ground Floor Retail Unit
  • NIA: 844 Sq ft (78.41 Sq m)
  • Town Centre location
  • Available from 25/3/21

A prime ground floor retail unit situated in the heart of Cannock town centre. The property benefits from display window to the front, suspended ceilings and generous retail space. Nearby retailers include The Post Office, WHSmith, Poundland and Boots.

Property Description

Tenure: Leasehold

A ground floor prime shop unit providing prominent retail accommodation within Cannock Town Centre. The property has a glazed display window and door to the front, suspended ceilings with recessed lighting. To the rear of the premises is storage area and WC with rear access onto a shared car park.

Please note; the property is available from 25/3/21.

The property is located in Cannock within a pedestrianised area of the town centre. Nearby traders include Butters John Bee Estate Egents, The Post Office, WH Smith and Boots.

Retail Area: 485 Sq ft (45.06 Sq m)
Store Room: 359 Sq ft (33.35 Sq m)
WC

TOTAL NIA: 844 Sq ft (78.41 Sq m)

The property is currently trading as charity which falls under use class E (Formerly A1).

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.

This property is ZERO rated – Please contact the local council for further information.

The VOA website advises the rateable value for 2020/21 is £11,000. The standard non-domestic business rates multiplier is 49.3p. The small business multiplier is 51.2p 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.

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

Available by way of a new Tenants IRI lease for a preferred term of 3 years or more. Quoting rent: £12,000 per annum.

Each party is to be responsible for their own legal costs incurred in connection with the lease.

Applicable to New Businesses, individuals and organisations with a trading history of 3 years or less.

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.

Vat is NOT applicable to this property.

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.

For all enquiries other than viewings please contact;

Paul Jeffries BSc(Hons)MRICS
Email : [email protected]

Property Address

19 Market Place
Cannock
Staffordshire
WS11 1BS


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