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Retail Premises In Prominent Location, 43/45 Merrial Street , Newcastle under Lyme, ST5 2AE

5,465 Sq Ft / Retail / General Retail

To Let - £35,000.00 per annum

Available - Last updated: 21 July 2021

An excellent opportunity to occupy prominently located town centre retail/office space within a well-established shopping arcade. The accommodation has some 71ft external frontage to Merrial Street and is arranged as one single open plan unit. The property is DDA compliant and lift served and Cat 5 cabling for high speed internet. York Place is a well-established retail arcade located on one of the main thoroughfares between the pedestrianised town centre and public car parking. The arcade has recently undergone some internal improvements and refits and continues to be a popular trading location.

Location

The property occupies a prominent position with the York Place retail arcade. There are a number of public car parks within walking distance with the nearest multi storey only some 250 yards away. Loading facilities are to the rear of the property via a service yard.

Accommodation

Ground Floor Sales: 3,287 SQ. FT. (305 SQ. M.) NIA

First Floor Stores/Office: 2,178 SQ. FT. (202 SQ. M.) NIA

Outside Detached Store: 175 SQ. FT. (16 SQ. M.) NIA

TOTAL NIA: 5,465 SQ. FT. / 507 SQ.M.

Terms

RENT - Let as a whole the initial rent is £35,000 per annum exclusive. Rents relating to smaller floor plates can be negotiated once the tenant’s requirements are known. Please contact the agents for further details.

BUSINESS RATES:

Rateable Value: £33,000

Rates Payable: £16,467 pa (2021/2022)

SERVICES - All mains services are connected to the property. There is a gas fired blow heater installed which currently provides heating, and a number of air conditioning units. Cat 5 cabling provides high performance ethernet to the building. Please note that no services have been tested by the agents.

VAT - The rents quoted will be subject to VAT.

EPC RATING - Asset Rating 93 - Category D

TENURE - The property is available to let by way of a Full Repairing and Insuring lease by the way of a service charge 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 fees. 

Specification

  • Prominently located town centre retail premises
  • Benefit of A2 (professional services) consent
  • Ground and First Floor accommodation
  • Total NIA: 5,465 SQ. FT. / 507 SQ.M.
  • Well presented and recently modernised property

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £35,000.00 per annum

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Agency Team

Rory Mack Associates Ltd

01782 365492



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