'the Hough' 108 Lichfield Road, Staffordshire, ST17 4ER

LOCATION

Occupying a very prominent location at the entrance to The Hough Retail Park where B&Q, Home Bargains, SCS, Maplins, Argos, Travelodge, KFC, Bensons For Beds and Pizza Hut are located, the property has extensive roadside frontage to Lichfield Road (A34) and Riverway. Stafford town centre is approximately 1 mile to the north. Junction 14 of the M6 is 2 miles to the north and Junction 13 is approximately 2.5 miles to the south.

DESCRIPTION

A prominently located and imposing former banking premises arranged over ground and first floor together with basement storage. Originally constructed as a substantial private residence, the property has been extended and has previously been used as a bank (A2) for many years. Thought to have been constructed in the early 1800's of stucco rendered elevations supporting a Welsh slate roof, the property still retains many of its original features and would make a superb 'Head Quarters' premises. Externally there are lawned areas together with car parking for circa 42 cars.

ACCOMMODATION

Ground Floor:

6 x offices, 2 x store rooms, banking hall (572 sq.ft.), kitchen, staffroom and toilets.

2,118 sq.ft. (196.8 m2)

First Floor:

6 x offices, kitchen and toilets

2,299 sq.ft. (213.5 m2)

Basement:

Dry archive storage (522 sq.ft. / 48.5 m2)

Total NIA: 4,800 sq.ft. (446 m2)

Note: (1) The first floor accommodation is self contained and separately accessed and has previously been sub-let and could be sub-let again.

(2) There are a number of rooms at 2nd floor level which currently have no permanent means of access, but could be used to provide additional accommodation (not measured).

TERMS

Available by way of a new full repairing and insuring lease for a term of years to be agreed, subject to rent reviews every three years and with the incoming tenant being responsible for the landlords reasonable legal fees.

OUTGOINGS

Description: Rateable Value: Rates Payable:

Ground Floor: £36,500 £17,483.50 pa (17/18)

(Bank and Premises)

First Floor:

(Offices and Premises) £30,250 £14,489.75 pa (17/18)

VAT

The rent is subject to VAT.

PLANNING

Formerly used as bank the ground floor area has an (A2) Use Class Order.

Subject to planning the property would suit:

B1 - Offices / Light Industrial

A3 - Restaurant

A4 - Drinking Establishment

D1 - Clinics / Health Centre / Day Nursery

LOCAL AUTHORITY

Stafford Borough Council

OTHER

EPC

Asset Rating 79 (Band D)