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Prime Retail Unit with Parking, 8-10 Astley Walk, Newcastle under Lyme, ST5 2AH

2,476 Sq Ft / Retail / General Retail

To Let - £15,000.00 per annum

Available - Last updated: 27 January 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 concrete ceilings and industrial style lighting, along with first floor offices and toilets. The unit has a door on the first floor with access to the external loading area. The unit also comes with 1 parking space.

Location

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: 1,788 sq.ft.
 
First Floor:
Kitchen: 81 sq.ft.
Office 1: 187 sq.ft.
Office 2: 419 sq.ft.
 
Total NIA: 2,476 sq.ft. / 230.1 sq.m.

Terms

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.
 
TO LET
£15,000 pax
 
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
Rateable Value: £20,000 Rates Payable: £9,820p.a. (2019/2020)
**Properties with a rateable value of less than £51,000 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
£3,592.28 (2019)

Specification

  • Prime Town Centre Retail Unit
  • Extensive frontage to the recently decorated Astley Walk
  • Would be suitable for alternative uses (STP)
  • Total NIA: 2,476 sq.ft. / 230.1 sq.m.
  • **Incentives available**

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £15,000.00 per annum

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Agency Team

Rory Mack Associates Ltd

01782 365492



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