Recently redeveloped former banking premises
Summary
- Stockport Town Centre
- New glazed aluminium shop front
- Suspended ceiling with inset led lighting
- 3 phase electric
- Commercial gas supply
- Large open plan retail space
- Ideal for restaurant/cafe use
- Use Class E (commercial, service & business)
Accommodation
The accommodation comprises the following areas:
| Name | Building Type | sq ft | sq m |
| Ground | Retail | 1,960 | 182.09 |
| Total | 1,960 | 182.09 |
Location
The property occupies a prominent trading position in Stockport Town Centre at the junction of Great Underbank and Bridge Street, a short walk from the Merseyway shopping precinct, Warren Street, Princes, Stockport Market Place and the Redrock retail and leisure development on Bridgefield Street.
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Mainline Stations
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Stockport10 mins
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Heaton Chapel25 mins
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Davenport28 mins
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Reddish South32 mins
Underground Station
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Chesham2600 mins
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Amersham2639 mins
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Chalfont and Latimer2664 mins
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Chorleywood2697 mins
Further Information
Rent £30,000 per annum
Rates Payable To be reassessed
EPC Rating This property has been graded as C (66)
Description
This former bank premises is a two-storey corner terrace of brick construction beneath a pitched slate roof. The subject of the letting is the recently divided right hand ground floor double unit, which offers open plan space suitable for several uses including restaurant, café, retail and office.
The premises has recently been refurbished and consists of a new 3 phase electricity supply, commercial gas supply, glazed aluminium shop front, and a suspended ceiling with inset led lighting.
Other nearby users include the much-lauded restaurant “Where the lights go out”, “The Godless Place” restaurant, plus HSBC bank, NatWest Bank and Clarks Shoe shop to name but a few.
Terms
The premises are available on a new effective FRI (fully repairing and insuring) lease for a minimum of 10 years with upward only rent review at the end of the fifth year and all other terms to be agreed.
Business Rates
The property has been removed from the rating list whilst being divided and refurbished. The VOA will need to reassess the unit to establish future rates liabilities upon letting.
Services
We understand that mains gas, electric, water and drainage are connected to these premises.
Legal Costs
The ingoing tenant is to be responsible for the landlords’ reasonable legal fees in the preparation of the lease and associated documentation.
VAT
We understand that VAT is applicable to the rent on this unit.
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