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 directly adjoining Halifax Bank and Boots Pharmacy.
The premises comprise of a ground floor entrance with stairway access to the second floor accommodating the former ‘dance floor’, together with offices and toilet facilities.
Loading access and storage accommodation can be found to the rear of the premises, together with a large self contained managers flat.
It is believed that mains services are either available or connected to the property. Interested parties should verify this for themselves.
The property comprises the following approximate areas:
Dance Floor : 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)
A new FRI type lease for a term of years to be agreed between the parties and incorporating upward only rent reviews.
Exclusive of VAT, building insurance, business rates, service charge, water rates and all other outgoings.
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.
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.
Each party to pay for their own costs incurred in a transaction.
Rateable Value (2017) - £17,500
Rates Payable – prospective tenants should seek advice from the Local Authority.
Full vacant possession will be offered upon completion of all legal formalities.
All rentals etc exclude the liability of VAT, which may be chargeable as an addition and at the appropriate rate prevailing.
The property currently has an energy performance rating of ‘G212’. An updated report is awaited.