The property is located in the centre of Chadsmoor Village, a former mining village, located between Hednesford and Cannock Town Centre. The County Town of Stafford is approximately 10 miles to the North, whereas the Cathedral City of Lichfield is approximately 9 miles to the South. The shop is located adjacent retailers and service providers including a cafe, electrical goods store, craft shop, beautician, post office and Bet Fred Bookmakers.
A ground-floor lock-up shop, forming part of a purpose-built, two-storey building. The flat above the shop is separately let and is not being offered.
Retail Area 252 sq ft. (23.4 sq m.), Store 58 sq ft. (5.4 sq m.), kitchen 19 sq ft. (1.8 sq m.). The property includes a toilet with WC and washbasin.
The premises are offered To Let by way of a new lease, having a term certain not less than 3-years. The lease will be drafted on Effective Tenant's Full Repairing and Insuring Terms. A longer term lease will incorporate upward-only rent review provisions.
£8,500 (Eight Thousand, Five Hundred Pounds), per annum, exclusive, payable on the standard or usual quarter days.
Our informal enquiries reveal the premises have a Rateable Value of £2,900, in the current Rating List. It is probable qualifying occupiers will benefit from Small Business Rate Relief. Interested parties should make written enquiries of the charging authority, Cannock Chase District Council, to establish their individual liability for Business Rates.
Rating C-62. Please see Energy Performance Certificate, attached to these particulars.
Each party shall bear their own Legal Costs, incurred in connection with the preperation and completion of a new lease.
Strictly by appointment with the Sole Letting Agents, Cottons Chartered Surveyors, telephone 0121 247 2030 Stephen Sutton, Amanda Starkey, ssutton@cottons.co.uk, astarkey@cottons.co.uk.