MapRetail property (high street) to rent
Unit 3 Castle Walk, Newcastle-under-Lyme, Staffs, ST5 1AN
Retail property (high street)
Features and description
- Ground floor retail unit GIA 512 sq ft
- Prime town centre location
- Forming part of a modern retail development
- EPC: Band C (60)
GENERAL DESCRIPTION
A ground floor self-contained retail unit forming part of a prime retail development in the town centre. The unit briefly comprise a retail area together with WC with plastered wall surfaces, laminate wood floor coverings and a suspended ceiling. The unit features a secure, electric roller shutter to the front with window frontage onto the busy Castle Walk stretch. Castle Walk is a popular and modern retail
development supporting a wide range of national retailers and forms on of the principal retail areas within the town. Neighbouring operators include New Look, Greggs and Peacocks. A low rent of £17,500pa is offered for the first year with a stepped rent increase of £1,000pa for the first two years, taking the rent to £19,500pa.
Location - Castle Walk was constructed circa 2005 and comprises a range of retail units which link Ironmarket and Hassell Street and is located in the pedestrianised town centre. There are a wide range of national retailers within the development and New Look next door.
Services - Mains electric, water, and drainage are connected. No services have been tested by the agents.
Tenure - Available by way of a new Full Repairing and Insuring lease by way of service charge for a minimum of 3 years and with rent reviews every 3 years and with each party bearing their own legal costs associated with the lease.
Business Rates - Rateable value £14,500
Rates payable £7,235.50pa (24/25)
Note: If you qualify for Small Business Rates Relief you should be entitled to a rate reduction.
Vat - The rent is subject to VAT.
Accommodation - Ground Floor
Depth: 32’0”
Width: 16’0”
GIA: 512 sq ft
Kitchen & WC --
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
A ground floor self-contained retail unit forming part of a prime retail development in the town centre. The unit briefly comprise a retail area together with WC with plastered wall surfaces, laminate wood floor coverings and a suspended ceiling. The unit features a secure, electric roller shutter to the front with window frontage onto the busy Castle Walk stretch. Castle Walk is a popular and modern retail
development supporting a wide range of national retailers and forms on of the principal retail areas within the town. Neighbouring operators include New Look, Greggs and Peacocks. A low rent of £17,500pa is offered for the first year with a stepped rent increase of £1,000pa for the first two years, taking the rent to £19,500pa.
Location - Castle Walk was constructed circa 2005 and comprises a range of retail units which link Ironmarket and Hassell Street and is located in the pedestrianised town centre. There are a wide range of national retailers within the development and New Look next door.
Services - Mains electric, water, and drainage are connected. No services have been tested by the agents.
Tenure - Available by way of a new Full Repairing and Insuring lease by way of service charge for a minimum of 3 years and with rent reviews every 3 years and with each party bearing their own legal costs associated with the lease.
Business Rates - Rateable value £14,500
Rates payable £7,235.50pa (24/25)
Note: If you qualify for Small Business Rates Relief you should be entitled to a rate reduction.
Vat - The rent is subject to VAT.
Accommodation - Ground Floor
Depth: 32’0”
Width: 16’0”
GIA: 512 sq ft
Kitchen & WC --
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
Property information from this agent
About this agent
Rory Mack Associates - Holly House
Holly House | 37 Marsh Parade
Newcastle Under Lyme Staffordshire
ST5 1BT
01782 409150Rory Mack Associates is a dedicated team of commercial property consultants, Chartered Surveyors and commercial estate agents based in Newcastle under Lyme, Staffordshire. We serve the neighbouring areas of Stoke on Trent, Stafford, Crewe, North Staffordshire and Cheshire. Our team of commercial property consultants and surveyors offer a full range of property services including: Estate agency, disposal and acquisitions Property management, investment and strategy Survey and valuation advice for residential and commercial property Lease advice for rent review and lease renewal Business rates Dilapidation and condition reports We provide a personal service and add value to our clients’ objectives. We pride ourselves on transparency and good old fashioned customer service which ensures our clients keep coming back, and most importantly, recommend us to their friends and colleagues. Our team of Chartered Surveyors includes RICS Registered Valuers and the firm is regulated by the Royal Institution of Chartered Surveyors (RICS). To enquire about our services in more detail please contact us to speak to a member of our team.
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