Retail premises to let in 42 Mill Street, Stafford, Staffordshire ST16

General Description
A newly refurbished retail unit with ground floor display windows situated along a parade, amongst other long-standing retail units, together with a first floor sales area/store. Located on the popular Mill Street in Stafford town centre and within a short walk to the newly built Riverside development. The premises briefly comprises open plan ground floor sales area with glazed frontage and a further sales/store area and WC facilities to the first floor. The unit is surrounded by a number of well-presented independent businesses whilst also being close to national retailers such as Nationwide, Natwest and Superdrug.

Location

Mill Street is located within 20 yards of the junction with Greengate Street and within close proximity to public car parking. The new Riverside development is just a 5 minutes’ walk, a distance of 0.2 miles. The unit is situated amongst other commercial businesses including The Treehouse Cocktail Bar, The Milk Stop and The Phone Doctor.

Services

Mains electricity and water are connected. Electric wall heaters to the ground and the first floor. Please note that no services have been tested by the agents.

Terms

Available by way of a new full repairing and insuring lease for a minimum term of 3 years, subject to rent reviews every three years and with each party bearing their own legal fees. The ingoing tenant is responsible for reimbursing the landlord for the annual building insurance.

Rates

Rateable value: £10,750 (23/24)
Rates payable: £5,364.25 (23/24)
** if you qualify for Small Business Rates Relief you should be entitled to a 100% rates payable exemption. Prospective tenants should make their own enquiries to confirm the amount of business rates payable for their proposed use of the property.

Vat

The rent is not subject to VAT.

Other

Anti money laundering regulations
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. Photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.