Property Summary

A well presented retail unit occupying a prime position in Hanley city centre and forming part of a larger retail development within which Gala Bingo, Wilko, Savers and Ryman Stationery are located.

Property Description

Tenure: Leasehold

LOCATION
The property is located in one of the principal pedestrianised retail areas within the city centre and is flanked on either side by Wilko and Savers. There are numerous public car parks nearby.

DESCRIPTION
A well presented retail unit occupying a prime position in Hanley city centre and forming part of a larger retail development within which Gala Bingo, Wilko, Savers and Ryman Stationery are located. The premises briefly comprises an open plan sales area with internal roller shutter and a suspended ceiling with recessed lights and two air conditioning units, to the rear of which is a secure office/store which could easily form part of the sales area. At basement level is a purpose-built storage area with goods access point and a kitchen/staff area. There are shared toilets in a communal part of the building.

ACCOMMODATION
Ground Floor:
Sales Area: 1,363 sq ft
Basement:
Storage with Kit: 974 sq ft
Total NIA: 2,337 sq ft

SERVICES
Mains water, drainage and electricity are connected. Heating/comfort cooling is provided by two ceiling mounted cassettes within the sales area. No services have been tested by the agents.

TERMS
Available by way of a full repairing and insuring lease, by way of service charge for a minimum term of years to be agreed, subject to rent reviews every 3 years and with the incoming tenant being responsible for the landlord’s legal fees.

OUTGOINGS
BUSINESS RATES
Rateable Value: £23,000
Rates Payable: £11,477 pa (20/21)
Note: All retail properties are exempt from rates until at least 31st March 2021.

VAT
The rent will be subject to VAT

OTHER
EPC
Band E – Asset Rating 118.

Property Address

7 Stafford Street
Hanley
Stoke-on-Trent
Staffordshire
ST1 1JW


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