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Retail property (high street) to rent
42 Merrial Street, Newcastle-under-Lyme, Staffordshire, ST5 2AW
Retail property (high street)
Features and description
- Very prominently located retail property in town centre
- Total NIA 1,576 sq ft with 897 sq ft of sales
- Located in an area of major regeneration
- Dual access of Merrial Street and Corporation Street
- EPC: TBC
GENERAL DESCRIPTION,
A deceptively large retail premises located in an area of
regeneration in Newcastle-under-Lyme town centre. A
semi-detached property with a glazed frontage to Merrial
Street and an extensive return frontage to Corporation Street
the property would suit a wide variety of commercial uses. The
property benefits from UPVC double glazed window frontage,
warm air blowers on the shop floor and a suspended ceiling.
Internally the property comprises a front and rear sales area,
ground floor bathroom and access from the front on Merrial
Street or side on Corporation Street. The first floor is accessed
from the rear and comprises a front office, a large rear
storeroom and upstairs bathroom. There is the potential for the
property to be split and rented as two separate units or sublet
by the occupier to another business.
Location - Located on the corner of Merrial Street and Corporation Street
opposite the site of the former Town Hall. A new multistorey
car park is being constructed to the rear and York Place is
opposite with planning for 47 one and two-bed apartments,
plus commercial space and room for the Astley Performing Arts
Centre. Newcastle-under-Lyme is easily accessible from
junction 15 of the M6 and is 2 miles from Stoke on Trent and
Hanley centres.
Services - Mains electric, water and drainage are connected. 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
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 £9,700
Rates payable £4,840.30 pa (23/24)
Note: If you qualify for Small Business Rates Relief you should
be entitled to a 100% rates payable exemption.
Accommodation - Ground Floor
Sales (front) 312 sq ft
Sales (rear) 585 sq ft
Storage 28 sq ft
WC --
First Floor
Office 1 200 sq ft
Office 2 136 sq ft
Storeroom 178 sq ft
Rear Store 137 sq ft
WC --
Total 1,576 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.
A deceptively large retail premises located in an area of
regeneration in Newcastle-under-Lyme town centre. A
semi-detached property with a glazed frontage to Merrial
Street and an extensive return frontage to Corporation Street
the property would suit a wide variety of commercial uses. The
property benefits from UPVC double glazed window frontage,
warm air blowers on the shop floor and a suspended ceiling.
Internally the property comprises a front and rear sales area,
ground floor bathroom and access from the front on Merrial
Street or side on Corporation Street. The first floor is accessed
from the rear and comprises a front office, a large rear
storeroom and upstairs bathroom. There is the potential for the
property to be split and rented as two separate units or sublet
by the occupier to another business.
Location - Located on the corner of Merrial Street and Corporation Street
opposite the site of the former Town Hall. A new multistorey
car park is being constructed to the rear and York Place is
opposite with planning for 47 one and two-bed apartments,
plus commercial space and room for the Astley Performing Arts
Centre. Newcastle-under-Lyme is easily accessible from
junction 15 of the M6 and is 2 miles from Stoke on Trent and
Hanley centres.
Services - Mains electric, water and drainage are connected. 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
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 £9,700
Rates payable £4,840.30 pa (23/24)
Note: If you qualify for Small Business Rates Relief you should
be entitled to a 100% rates payable exemption.
Accommodation - Ground Floor
Sales (front) 312 sq ft
Sales (rear) 585 sq ft
Storage 28 sq ft
WC --
First Floor
Office 1 200 sq ft
Office 2 136 sq ft
Storeroom 178 sq ft
Rear Store 137 sq ft
WC --
Total 1,576 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.
Property information from this agent
About this agent
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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.