Property Information
Address:
118-124 High Street, Newcastle Under Lyme, Staffordshire
, ST5 1PT
, Staffordshire
, United Kingdom
Price: Property no longer available.
Size: 5641 sq ft524 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH686376
Property Ref/Agent: C02641
*Please use the agent ref when calling the agent directly.
Property description
GENERAL DESCRIPTION
A large retail unit with 5,641 sq ft ground floor sales with
lower ground floor storeroom, staff canteen and welfare
facilities. The property is located in a central location
surrounded by a number of national companies such as
Nationwide, Cash Converters and Poundland. The sales area
has extensive window frontage to the High Street and offers
an excellent town centre opportunity that would suit a wide
range of retail and leisure operators, STP where necessary.
There is a rear loading bay with service area, goods lift, air
conditioning to the sales area and gas fired central heating to
the lower ground. The property also benefits from 4 staff car
parking spaces to the rear of the building.
LOCATION
The property forms part of an established parade of retail
units with office uppers. Neighboring units include
Nationwide, CEX and the very popular Clubhouse
entertainment and leisure complex which includes the multiscreen Vue cinema. The property is a 2 minute walk from the
Bus Station and is directly in front of the Lymelight Boulevard
multistorey carpark.
SERVICES
Mains gas, electric, water and drainage are connected.
Heating and cooling is provided by multiple air conditioning
units. Gas fired central heating to lower ground floor. No
services have been tested by the agents.
VAT
The rent is not subject to VAT.
TENURE
Available by way of a new Full Repairing and Insuring lease
by way of service charge for a minimum of 3 years or
multiples thereof with rent reviews every 3 years and with
each party bearing their own legal costs associated with
the lease.
BUSINESS RATES
Rateable value £50,500
Rates payable standard £25,199 pa (23/24)
Note: Retail, hospitality and leisure relief – You could be
entitled to 75% off your business rates bills for the 2023 to
2024 tax year (1 April 2023 to 31 March 2024).
ACCOMMODATION
Ground Floor
Sales 5,856 sq ft
Lower Ground Floor
Storeroom 1,012 sq ft
Staff kitchen 575 sq ft
M & F staff toilets ---
Total NIA 7,443 sq ft
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.
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