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Retail Premises In Prime Location, 65 High Street, Newcastle-under-Lyme, ST5 1PN

3,010 Sq Ft / Retail / General Retail

To Let - £35,000.00 per annum

Available - Last updated: 22 March 2021

The property briefly comprises a well proportioned single level retail premises with an attractive frontage to High Street immediately opposite the open air market. Internally, the accommodation is well presented and arranged in open plan and benefits from suspended ceilings with recessed and spot lighting throughout ceiling mounted units providing comfort cooling/heating. There is also an office, staff room and toilets at first floor, with additional storage areas also available if required by way of separate negotiation.

Location

The property enjoys a prime location in the pedestrianised town centre and is surrounded by a number of household named retailers to include NatWest, HSBC, Boots, Rymans. Superdrug is located next door and a McDonald’s restaurant is directly opposite.

Accommodation

Ground Floor

Sales area: 2,811 sq ft

1st Floor

Office: 73 sq ft

Staff Room: 126 sq ft

M & F Toilets: -

Total NIA 3,010 sq ft

Note: There is an additional stock room at 1st floor extending to 1,103 sq ft which can also be made available by way of separate negotiation if required.

Terms

SERVICES - Mains water, drainage and electricity connected. Heating is provided by ceiling mounted comfort cooling/heating appliances and electric blow heaters. No services have been tested by the agents.

PLANNING - Formerly used for retail purposes the property has an ‘E’ Use Class Order, which also permits: Professional Offices and Café/Restaurant use. Other uses may also be suitable, subject to planning where necessary. It is the responsibility of the interested party to satisfy themselves that the appropriate planning consent is in place prior to committing to a new lease.

VAT - The rent is subject to VAT.

EPC - 91 (Band D)

BUSINESS RATES:

Rateable Value: £52,000

Rates Payable: £26,624 pa (20/21)

Note: The above RV includes a first-floor storage area, which can be made available separately. If this area is not occupied the RV can be reassessed to below £50,000 which will attract a lesser Rates Payable liability.

TENURE - Available by way of a new full repairing and insuring lease, by way of contribution, for a term of years to be agreed, subject to rent reviews every three years and with each party bearing their own legal fees.

RENT - £35,000 pax

Specification

  • Prime town centre retail premises
  • Total NIA: 3,010 sq ft with 2,811 sq ft of ground floor sales
  • Extensive and attractive frontage to the High Street
  • May suit alternative uses to include leisure, STP where necessary
  • New lease available
  • EPC: 91 (Band D) 

Property Quote Price(s)

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

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Contact agents

Agency Team

Rory Mack Associates Ltd

01782 365492



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