A retail/professional office premises with High Street frontage to one of the busiest pedestrianised areas in the town centre. Forming part of a parade of High Street national retailers, the unit would suit a number of different operators of a retail or office nature. The unit briefly comprises an open sales area with laminated flooring and suspended ceiling, three consultancy rooms, rear office, kitchen and toilets. The unit was formerly used as a bank but could easily be converted to a retail unit, restaurant or offices (STP).
Location
High Street, Newcastle-under-Lyme hosts dozens of national retailers and is a busy walkway for pedestrians throughout the day. 58 High Street is next door to Boots and The Card Factory and is situated a few yards from the entrance to The Roebuck Centre which has a large multistorey carpark attached to it.
Accommodation
Ground floor:
Sales area: 1,212 sq ft*
Back office: 224 sq ft
Kitchen: 47 sq ft
Rear store: 41 sq ft
WC -
Total NIA: 1,524 sq ft
*The sales area includes three consultancy rooms that are formed from glass partitioning and could easily be removed.
Terms
SERVICES - Mains water, drainage, electricity are connected. Heating is provided through air conditioning units. No services have been tested by the agents.
VAT - The rent is not subject to VAT.
BUSINESS RATES:
Rateable Value: £XXX
Rates Payable: £XXX pa (22/23)**
** During 2022/23 the Chancellor set out a new relief for eligible retail, hospitality and leisure properties with 50% relief on rates bills up to £XXX per business. Prospective tenants should make their own enquiries to confirm the amount of business rates payable for their proposed use of the property.
TENURE - Available by way of a new Full Repairing and Insuring lease for minimum term of three years subject to rent reviews every three years and with each party bearing their own legal fees.
RENT - £XXX pax
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.
Specification
- Ground floor retail unit in prime town centre location
- Total NIA 1,583 sq ft with 956 sq ft of sales
- Suitable for retail and/or professional office purposes
- Adjacent to Boots and Card Factory
- EPC: 72 (Band C)