16a Market Hall Street, Cannock, WS11

The property comprises ground floor retail unit benefiting from a large glazed frontage to Market Hall Street incorporating a recessed shop front entrance, with return frontage providing an additional display area.

A false ceiling incorporates lighting, air conditioning and heating, and outlets for the sprinkler system. Toilet facilities and storage area are provided to the rear of the shop.

Loading access is available to the rear of the property on the ground and first floor. Further toilets, staff canteen and storage accommodation are located on the first floor.

SERVICES

The property benefits from metered electricity, water, and drainage. Interested parties should verify this for themselves.

LEASE TERMS

A new FRI type lease for a term of years to be agreed between the parties and incorporating upward only rent reviews.

RENTAL

£20,000 per annum exclusive, subject to contract.

Exclusive of VAT, building insurance, business rates, service charge, water rates and all other outgoings.

SERVICE CHARGE

A variable charge is levied on the unit in order to cover the economic cost of the upkeep and maintenance and management, etc of common parts and facilities.

LEGAL COSTS

Each party to pay for their own costs incurred in a transaction.

BUSINESS RATES

2017 Rateable Value:

Ground Floor Shop & premises £33,250

Prospective tenants must verify this information with the local authority.

POSSESSION

Full vacant possession will be offered upon completion of all legal formalities.

VAT

All rentals etc exclude the liability of VAT, which will be chargeable as an addition and at the appropriate rate prevailing.

EPC

The property has an energy performance rating of D85.

LOCATION

The subject premises are situated within the prime retailing position of Market Hall Street in Cannock Town Centre.

Nearby occupiers include Vodafone, Card Factory, Polka Dot Travel, 3 Mobile, EE, New Look, JD Sports, Greggs, Pound Bakery Shoe Zone, Dorothy Perkins & Costa Coffee.