To Let: 895 Sq.ft Prominent corner cafe retail premises with basement store

 

Summary

  • Prominent corner retail cafe premises
  • Longstanding strong trading location
  • GF: 453 Sq.ft including cafe/kitchen/prep
  • Basement: 442 Sq.ft with 6’ head height
  • External seating area to the front and side
  • Low RV: £2,900 - 100% SBRR - Nil rates
  • Lease assignment from 11th September 2024
  • £25k premium for fixtures/fittings/Goodwill

Location

The property is located at the corner of Greg Street and Whitehill Street close to Whitehill Industrial Estate and a short drive to Stockport town centre and the M60 motorway.

- Stockport: 1.5 miles.
- M60: 1.5 miles.
- Reddish: 2 miles.

Get directions from Google Maps

Further Information

Rent £6,000 per annum

Rates Payable £1,447.10 per sq ft


Description

The property provides cafe/retail accommodation over ground and basement floors along with the benefit of external seating areas for customers. The property benefits from being a fully fitted cafe with fixtures and fittings including fully illuminated display counter, tables and chairs and kitchen/prep equipment.

Cafe/sales area: 223 Sq.ft - 17’5’’ x 12’10’’ less 2’11’’ x 7’9’’.
Kitchen: 163 Sq.ft - 14’4’’ x 11’3’’.
Prep area: 67 Sq.ft - 6’0’’ x 11’2’’.
Basement: 442 Sq.ft overall.

Rateable Value

Rateable value: £2,900.
Small Business Rates Multiplier 2024/25: 49.9p.
100% SBRR available - Nil payable rates.
Interested parties are advised to make their own enquiries with SMBC - 0161 474 5188.

Terms

Available by Lease assignment of a Lease dated 11th September 2024 for a term of 5 years.

Rent

£6,000 per annum exclusive.
£500 per calendar month.

VAT

All figures are quoted exclusive of Value Added Taxation. We understand that VAT is not payable at the property.

Service Charge

The Landlord may levy a service charge payable in full by the prospective Tenant. Details available from MBRE.

ECP Rating

To be provided

Utilities

Mains services are available including gas, electricity, water and drainage.

Building Insurance

The Landlord will insure the building and recharge the premium to the Tenant. Estimated £40/month.

Legal Costs

The Tenant will be responsible for the Landlords legal costs associated with the new Lease.