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Retail property (high street) to rent
Unit 4, Castle Walk, Newcastle-under-Lyme, ST5 1AN
Retail property (high street)
514 sq ft / 48 sq m
Features and description
- Ground floor retail unit NIA 514 sq ft
- Prime town centre location
- Forming part of a modern retail development
- EPC: Band C (59)
A ground floor self-contained retail unit forming part of a prime retail development in the town centre. The unit briefly comprises a retail area together with separate storeroom, kitchen and WC. The property benefits from plastered wall surfaces, brand new carpet and a suspended ceiling with modern LED lighting. 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 comprises the principal retail area within the town. Neighbouring operators include New Look, Greggs and Peacocks. A low rent of £18,500pa is offered for the first year with a small stepped rent increase expected in year two. Unit 3 Castle Walk (next door) is also available and the two could be taken together if required.
General Description - A ground floor self-contained retail unit forming part of a prime retail development in the town centre. The unit briefly comprises a retail area together with separate
storeroom, kitchen and WC. The property benefits from plastered wall surfaces, brand new carpet and a suspended ceiling with modern LED lighting. 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 comprises the principal retail area within the town. Neighbouring operators include New Look, Greggs and Peacocks.
A low rent of £18,500pa is offered for the first year with a small stepped rent increase expected in year two. Unit 3 Castle Walk (next door) is also available and the two could be taken together if required.
Location - Castle Walk was constructed circa 2005 and comprises a range of retail units which link Ironmarket and Hassall 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 £17,000
Rates payable £8,483pa (24/25)
Note: Retail, hospitality and leisure relief. If you’re eligible, you could get 75% off your business rates bills for the 2024 to 2025 billing year (1 April 2024 to 31 March 2025).
Accommodation - Ground Floor
Sales: 421 sq ft
Storeroom: 65 sq ft
Kitchen: 28 sq ft
WC: --
Total NIA: 514 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.
Vat - The rent is subject to VAT.
General Description - A ground floor self-contained retail unit forming part of a prime retail development in the town centre. The unit briefly comprises a retail area together with separate
storeroom, kitchen and WC. The property benefits from plastered wall surfaces, brand new carpet and a suspended ceiling with modern LED lighting. 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 comprises the principal retail area within the town. Neighbouring operators include New Look, Greggs and Peacocks.
A low rent of £18,500pa is offered for the first year with a small stepped rent increase expected in year two. Unit 3 Castle Walk (next door) is also available and the two could be taken together if required.
Location - Castle Walk was constructed circa 2005 and comprises a range of retail units which link Ironmarket and Hassall 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 £17,000
Rates payable £8,483pa (24/25)
Note: Retail, hospitality and leisure relief. If you’re eligible, you could get 75% off your business rates bills for the 2024 to 2025 billing year (1 April 2024 to 31 March 2025).
Accommodation - Ground Floor
Sales: 421 sq ft
Storeroom: 65 sq ft
Kitchen: 28 sq ft
WC: --
Total NIA: 514 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.
Vat - The rent is subject to VAT.
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 Dil... Show more
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 Dil... Show more
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