27 Merrial Street, Newcastle under Lyme, ST5 2AE

Formerly occupied by the Post Office, the property comprises an extensive retail premises with frontage to Merrial Street and approximately 95 feet frontage to Fogg Street. The premises forms a substantial part of a town centre pedestrianised and covered retail arcade within 25 yards of the Ironmarket, one of the prime retail locations in the town. Predominantly arranged over ground floor, there is both the opportunity to split the premises to accommodate smaller requirements and there are also a number of 1st floor rooms providing additional storage/office accommodation.

PLANNING
Formerly used as a Post Office the premises has an A1 Use Class Order (Retail) however, subject to planning the property may also suit Restaurant & Cafes  (A3) and/or Drinking Establishment (A4).

Location

The property is situated within the pedestrianised part of the town centre, opposite the Civic Offices and forms part of a development that links Merrial Street to the Ironmarket. Public car parking is nearby.

Accommodation

Ground Floor
(Let/Sold as a single unit)
Sales 2,700 sq ft
Office 1 36 sq ft
Office 2 94 sq ft
Kitchen 142 sq ft
Store 85 sq ft
WC’s -
Total NIA 3,857 sq ft

1st Floor
Office 1 240 sq ft
Office 2 534 sq ft
Store 26 sq ft

If the property was split it would comprise:
Unit 1 (with frontage to Merrial Street)
Grd
Sales 742 sq ft
WC -
Total NIA 742 sq ft

Unit 2 (with frontage to Fogg Street only)
Grd
Sales 1,958 sq ft
2 x office, kitchen, store & WC’s 357 sq ft
1st Floor
2 x offices & Stores 800 sq ft
Total NIA 3,115 sq ft

Terms

The whole
For Sale £XXX
To Let Only £XXX PAX

The property can be split on a leasehold basis. Pease contact the agent for further details.
The whole is available freehold subject to contract and with vacant possession upon completion.
Alternatively the whole or part only can be made available by way of a full repairing and insuring lease for a term of years to be agreed with rent reviews every  three years and with the incoming tenants being responsible for landlords reasonable legal fees.

VAT
The rent/sale price is not subject to VAT.

Specification

• Former Post Office Premises with 2,700 sq ft of sales
• Frontage to Merrial Street and extensive frontage to Fogg Street
• Forming part of a town centre `under cover’ shopping arcade
• Total NIA 3,857 sq ft (including 1st floor stores/offices)
• Can be split and available by way of a new lease
• *Rare Freehold Opportunity*
• EPC rating E