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Retail Property (high street) to rent

High Street, Newcastle-under-Lyme, Staffordshire

Let Agreed £4,200 pa (£350 pcm)
448 sq. ft.

Property Description

Commercial information

  • 448 sq ft (41 sq m)

Full description

Two storey retail/office premises in a prominent position on Wolstanton High Street close to Lloyds Pharmacy. The property is Zero rated for small businesses. Available on a new lease from a preferred term 3 years upwards.
ONE MONTH RENT FREE offered subject to terms.

Description - Two storey retail/office premises of brick construction under a pitched clay tile roof. The property benefits from being in a prominent position on Wolstanton High Street close to Lloyds Pharmacy.

Accommodation - Ground Floor: Sales/Office 144 Sq ft (13.375 Sq m) plus WC
Tiled floor; large frontage; electrical points and ceiling lights. Electric water heater to kitchen area and w.c off.

First Floor: Offices/Stores: 304 Sq ft 28.263 Sq m)
Room 1 - part carpeted, electrical points, timber sgw.
Room 2 - carpeted, timber sgw, electrical points.
Room 3 - laminate floor, electrical points, timber sgw.

TOTAL NIA: 448 Sq ft (41.638 Sq m)

Rating - The Rateable Value is £3,150. The standard non-domestic rating multiplier is 49.3 pence in the pound. The small business non-domestic rating multiplier is 48 pence in the pound, for properties with a rateable value up to £18,000. Bjb recommend parties make their own enquiries into any further business rate relief which maybe available.

Planning - Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Services - All mains services are available subject to any reconnection which may be necessary.

Tenure - Leasehold - On new terms to be agreed.
Stepped rent:
Year 1 - £4,200.
Year 2 - £4,400.
Year 3 - £4,600.

Legal Costs - The ingoing tenant will pay £350+VAT towards the preparation of the lease.

Credit Check - On agreed terms the ingoing tenant will be required to pay a fee of £85 to buttersjohnbee for the application and collation of references and credit data from a third party. The application process will, under normal circumstances take between two and five working days. The applicant will be required to complete a simple online form for submission to our credit reference agency. Application fee will be payable in advance and will not be refundable.

Viewing - Strictly by appointment via bjb commercial, Head Office, Lake View, Festival Way, Stoke-on-Trent ST1 5BJ. Telephone 01782 212201. Opening hours are 9.00-5.30pm, Monday to Friday.

IMPORTANT NOTICE
As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.


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