Primary Retail Pitch

The property is arranged over ground and first floor only. Tenure The premises are available by way of an assignment of the existing lease expiring 20th March 2027. There is a Tenant break option on 20th March 2022. Alternatively, the premises are available by way of a sub-lease until February 2022. Rent £18,500 per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £10,750.00 and the rates payable are £5,009.50 pa. The UBR for 2017/2018 is 46.60p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The property is located in the market town of Penkridge, approximately 6 miles south of Stafford. The property benefits from a prominent corner position on Crown Bridge and Stone Cross, the primary retail pitch in the town. Nearby occupiers include The Co-operative Food, Nationwide, and Sainsbury’s Local.

Sizes and Measurements

Total Size

2,500sqft

Sales Area

1,500sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,500sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

1,000sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

20/03/2027

Next Lease Break

20/03/2022

Lease type

Assignment

For rent

£18,500/pa

UBR

46.6p

Ratable Value

£10,750.00

Business Rates

£5,009.50/pa

Specification

  • Prominent Corner
  • Primary Retail Pitch

Photos

CROWN BRIDGE_ PENKRIDGE

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