A very prominently located three storey property with basement and a range of 1st and 2nd floor offices. Formerly used as a licenced bar/club (A4) the property offers excellent potential for a range of alternative uses to include bars, restaurant, retail or professional offices, subject to planning where necessary.
Location
The property occupies a prominent position overlooking Nelson Place round-a-bout which connects the major road network in Newcastle-under-Lyme. The property is located on the corner of the Ironmarket and Ryecroft Ring Road, forming part of the town centre conservation area. Newcastle is currently undergoing significant investment with the development of the new Civic Offices located within 50 yards which is adjacent to Queens Gardens. A mixed-use retail and student accommodation development is proposed for the former Sainsbury’s site and the former public baths on the opposite site of Nelson Place and currently being developed to create a 276 student bed accommodation.
Accommodation
Ground Floor bar/Sales Area: 1,458 sq. ft.
The premises currently has a U shaped retail area accessible from all three elevations. There is a central serving bar and to the rear are the ladies and gents toilets, and access to the basement. A side access from Ryecroft provides pedestrian access to the rear, which in turn allows access to an external store (previously toilets) and a fire escape to the first floor.
First Floor: 857 sq. ft.
Consists of four rooms with a w.c., would suit use as offices, kitchen or living accommodation (STP).
Second Floor: 411 sq. ft.
Consisting of three further rooms which could be used as further offices, stores or living accommodation.
Cellar:
Housing all the barrels and lines with barrel drop located off Queens Parade.
Terms
TENURE
Available freehold with vacant possession upon completion. Alternatively the property is available by the way of a new full repairing and insuring lease for a term of years to be agreed subject to rent reviews every three years and with the incoming tenant being responsible for the landlords reasonable legal fees.
TO LET
£XXX pax
FOR SALE
£XXX (Reduced)
VAT
The rent/sale price is subject to VAT.
SERVICES
All mains services are available subject to any reconnection which may be necessary.
BUSINESS RATES
Rateable Value: £XXX
Rates Payable: £XXX pa (20/21)
**Properties with a rateable value of less than £XXX within the retail or hospitality sectors will be entitled to a tax holiday of up to 100% for a period of 12 months. It is suggested that any interested parties make their own enquiries to the valuation office**
EPC RATING - TBA
Specification
- Prominently located three storey property with basement and a range of 1st and 2nd floor offices
- Would suit a range of uses to include Restaurant (A4), Retail (A1) or Professional Offices (A2), STP
- Total NIA 2,726 sq. ft. or 253 sq. m.