Substantial town centre retail property

 

Summary

  • Substantial town centre retail property
  • Sales area of 24,158 sq ft
  • Large stockroom, multiple offices and service area with loading bay
  • Adjacent to national retailers: Iceland, Home Bargains and BBM
  • EPC: Band B

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground - Sales 24,158 2,244.35 Available
Ground - Offices x 5 718 66.70 Available
Ground - Training room 241 22.39 Available
Ground - Canteen 341 31.68 Available
Ground - Plant room 129 11.98 Available
Lower Ground - Stockroom 5,660 525.83 Available
Total31,2472,902.93
Unit 4, Moorlands Shopping Centre, Brook Street - 2.jpg

Location

The unit forms a large part of an island shopping centre with its own car park in the middle of Leek town centre. Leek is located 11 miles northeast of Stoke on Trent and 13 miles south of Macclesfield.

Get directions from Google Maps

Further Information

Rent £150,000 per annum

Rates Payable £69,120 per sq ft Note: Retail, hospitality and leisure relief – You could be entitled to 75% off your business rates bills for the 2023 to 2024 tax year (1 April 2023 to 31 March 2024).

EPC Rating This property has been graded as B


Description

A large retail unit with 24,000 sq ft of ground floor sales plus storage and back office space forming part of a popular retail development. The property is located in a prime location within Moorlands Shopping Centre. Surrounded by a number of national companies including Home Bargains and Iceland. At ground level is an open plan sales area with suspended ceiling, CCTV and an internal sprinkler system, together with a number of offices, welfare facilities and staff canteen.

A lower ground loading bay and service area provides HGV access into the stockroom which is served by a 3-tonne goods lift. There are over 100 parking spaces within the Centre, providing a further pull to the site which forms part of the town centre.

Services

Mains gas, electric, water and drainage are connected. Heating and cooling is provided by multiple air conditioning units. No services have been tested by the agents.

VAT

The rent is subject to VAT.

Tenure

Available by way of a new Full Repairing and Insuring lease by way of service charge for a minimum of 3 years or multiples thereof with rent reviews every 3 years and with each party bearing their own legal costs associated with the lease.

Business Rates

Rateable value: £135,000
Rates payable: £69,120 pa (23/24)

Note: Retail, hospitality and leisure relief – You could be entitled to 75% off your business rates bills for the 2023 to 2024 tax year (1 April 2023 to 31 March 2024).

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.