High Street Retail Property for rent

65 High Street, Newcastle-Under-Lyme, Staffordshire ST5


£35,000 per year
£2,917 per month
3,010 ft²

Description

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.

Description
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.

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.

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.

Terms
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.

Outgoings
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.

VAT
The rent is subject to VAT.

Planning
Formerly used for retail purposes the property has an E' Use Class Order, which also permits: Professional Offices and Cafe/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.

Other
EPC

91 (Band D)

Categories

High Street Retail Property
Call
Property reference
CP35464_219