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Retail Premises In Prime Location, 12-14 Astley Walk, Newcastle-under-Lyme, ST5 2AH

2,421 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 20 July 2021

The accommodation comprises an open plan retail unit with extensive glazed frontage to the pedestrianised mall within Astley Walk shopping centre, an established retail arcade within Newcastle-under-Lyme town centre. The sales area benefits from the provision of suspended ceilings with recessed lighting and is heated via a gas fired central heating system. The first floor provides storage/staff areas with double loading doors leading to the service yard.

Location

As referenced on the attached plans the property occupies a prominent position within the Astley Walk retail arcade, a town centre shopping mall conveniently located on one of the main thoroughfare routes between the pedestrianised town centre and public car parking.

Accommodation

Ground Floor:

Sales Area: 163.13 m2 (1,756 sq ft)

First Floor:

Stores/Staff: 61.78 m2 (665 sq ft):

Total NIA: 2,421 sq.ft. / 224.9 sq.m. 

Terms

SERVICES - We have been advised that all mains services are connected although no services have been tested by the agents.

VAT - All rentals quoted will be subject to the addition of VAT at the prevailing rate.

EPC - Asset Rating 77: Band D

PLANNING - A1 (Retail)

BUSINESS RATES - Currently under appeal

**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**

SERVICE CHARGE - £XXX plus VAT (2019)

TENURE - The property is available by way of a new lease for a term of years to be agreed, subject to rent reviews every five years. The lease will be on a full repairing and insuring basis by way of a service charge with the incoming tenants being responsible for the landlord’s reasonable legal fees.

RENT - £XXX pax

Specification

  • Prime Town Centre Retail Unit
  • Extensive frontage to covered pedestrianised Mall
  • Would be suitable for alternative uses (STP)
  • Total NIA: 2,421 sq.ft. / 224.9 sq.m.
  • **Incentives available**


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