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81 High Street, Newcastle, Staffordshire, ST5 1PS Retail property (high street) to rent - £500 pcm (£115 pw)

81 High Street, Newcastle, Staffordshire, ST5 1PS
£500
Description
. Prominently located retail premises with High Street frontage in town
centre
. Loading bay and Parking to rear of the property.
. Total NIA: 1206 sq ft with 817 sq ft of ground floor sales
. May suit alternative uses to include leisure (STP) where necessary
. EPC: TBC
.Incentive applies.

Full Description - A large open plan retail unit, formerly used as a pet store
in the centre of Newcastle-under-Lyme. The property
briefly comprises a single level retail premises with
substantial frontage to the busy and popular pedestrianized High Street, an office, storeroom and staff
kitchen at the rear. Located immediately opposite the open-air market and forming part of a parade of High Street
national retailers. The property has previously been used as a successful pet shop but could be used for retail, café or leisure uses. There is access to a loading bay at the rear of the property, located to the back of the bus
station.

Location - The property enjoys a prime location on the Highstreet in
the pedestrianised town centre of Newcastle-under-lyme
and is surrounded by a number of household named retailers
to include NatWest, McDonalds, Boots and Rymans. As well
as being situated opposite the popular, Vue Cinema.

Services - Mains electricity, water and drainage are connected. Please
note that no services have been tested by the agents.

Terms - Available by way of a new Full Repairing and Insuring lease
by way for service charge of approximately £2,000, for
a minimum of three years and with rent reviews every three
years and with each party bearing their own legal costs
associated with the lease.

Rates - Rateable Value: £13,500 (effective 1st April 2023)
Rates Payable: £6,736.5 (23/24)
Note: If you qualify for Small Business Rates Relief you should
be entitled to a rate reduction.

Vat - The rent is subject to VAT

Other - RENT
First year: £6,000 pax
Second year: £6,000 pax
Third year: £12,000 pax

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.