LOCATION

The subject premises are situated along Church Street, near to the prime retailing position along the pedestrianised section of the Market Hall Street within Cannock town centre.

The property occupies a prominent position in the street adjoining Halifax Bank and Boots Pharmacy, and opposite The Parish Church of Saint Luke.

DESCRIPTION

The premises comprise of a ground floor entrance with stairway access to the second floor accommodating the former ‘dance floor’ and bar, together with offices and toilet facilities.

Loading access and storage accommodation can be found to the rear of the premises. A large 2 bedroom ‘managers’ flat and a former beer ‘cellar’ garage are also included and located on the ‘top deck’ service area.

SERVICES

It is believed that all main services are either available nearby or connected to the property. Interested parties should verify this for themselves.

FLOOR AREAS

The property comprises the following approximate areas:

Dance Floor/Bar : 3,143 sq ft (292 sq m)

Office / Kitchen / WCs: 1,331 sq ft (124 sq m)

Entrance (Ground Floor): 301 sq ft (28 sq m)

Storage: 161 sq ft (15 sq m)

TOTAL: 4,936 sq ft (459 sq m)

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.

All rentals etc are quotes exclusive of business rates, water rates, service charge, VAT and all other outgoings, etc.

Rental to be payable quarterly in advance.

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. Levied on a fair proportion basis.

PLANNING

The property has most recently been used as a ‘nightclub’, and may be suitable for alternative uses, subject to planning. Prospective tenants are advised to speak with the Local Authority planning department to seek confirmation.

LEGAL COSTS

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

BUSINESS RATES

Rateable Value (2023) - £17,500

Rates Payable – perspective tenants should seek advice from 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

D96