Ground Floor 16 Piccadilly, Hanley, Staffordshire, ST1 1DH

Location

Piccadilly is a pedestrianised shopping street linking the intu Potteries shopping and leisure complex and surrounding pedestrianised shopping streets with the Smithfield business quarter.

Piccadilly forms part of the City's Cultural Quarter and has a a range of national and independent retailers, bars, restaurants and is the location of the Regent Theatre.

Description

The property comprise ground floor lock-up retail accommodation within a three-storey building with two floors of retail accommodation above.

The retail area has approximately 5.5m (18 ft) of display frontage* and a depth of approximately 11.3m (37 ft) together with a rear storeroom and changing room.

The property has:

Electric roller shutters

Air conditioning

Spotlights

Plastered/decorated ceilings and walls

Some retail shelving

Wood flooring.

• The landlord intends to retain approximately 70% of the display frontage. Preference will be given to tenants complimenting the mens fashion tenants occupying the upper floors.

Accommodation

Retail Area54.60 sq. m588 sq. ft

Storage14.60 sq. m157 sq. ft

NIA 69.20 sq. m745 sq. ft

Services

Mains electricity, main water and drainage are understood to be available, subject to any reconnection that might be necessary.

Planning

The property has an established retail use. Interested parties are recommended to make their own enquiries to Stoke-on-Trent City Council.

Rating

The property has a 2017 rateable value of £23,250. Interested parties should direct their inquiries to Stoke-on-Trent City Council Business Rates Team: Tel: Tenure

The property is available by way of a 3 year internal repairing and insuring lease at a stepped rent of £9,500 pax (year 1), £12,500 pax (year 2) and £15,000 pax (year 3).

Energy Performance Certificate (EPC)

Rating E-111

Rent

Year 1: £9,500 per annum exclusive

Year 2: £12,500 per annum exclusive

Year 3: £15,000 per annum exclusive

VAT

VAT is not applicable.

Legal Costs

The ingoing Tenant is responsible for the Landlord legal costs for the preparation of the Lease.

Viewings

Viewing is strictly by appointment with the Sole Agent.

Contact

Glenn Hammond BSc (Hons) MRICS

T: M: E:

Euan McKenzie BA (Hons) MSc

Subject to Contract