Letting Opportunity on Prominent Corner Position

The property is arranged over ground and first floor only with the following approximate areas and dimensions. The property has a large car park to the rear with circa 12 car spaces. Tenure The premises are available by way of an assignment of the existing lease expiring 1st July 2028. There is a Tenant break option on 2nd July 2023. Alternatively, the premises are available by way of a sub-lease until June 2023. Rent £11,900 per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £9,300.00 and the rates payable are £4,464.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

Chase Terrace is a suburb of Burntwood in the county of Staffordshire situated approximately 4 miles east of Cannock and 8 miles north of Walsall. The property is located in a prominent corner position adjoining the Post Office at the junction of Cannock Road and the High Street opposite the Burntwood Shopping Centre. Other occupiers nearby include Heron Foods and Betfred.

Sizes and Measurements

Total Size

1,161sqft

Sales Area

897sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

897sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

264sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

01/07/2018

Next Lease Break

02/07/2023

Lease type

Assignment

For rent

£11,900/pa

UBR

48p

Ratable Value

£9,300.00

Business Rates

£4,464/pa

Specification

  • Prominent Corner Position
  • Nearby occupiers include Heron Foods and Betfred

Photos

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Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
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