An end terraced retail unit forming part of a popular parade of shops close to Newcastle-under-Lyme town centre. The property has operated as a successful oatcake shop for the last four years and as a ladies hair salon previous to that and the current tenant will remain in situ until a new tenant is found. The unit briefly comprises a sales area fronting onto Liverpool Road, mid sales/kitchen area, a food preparation area, rear office and staff toilet. There is a rear exit allowing access to the rear yard and bin area. Free on-road parking is available in front of the building with a concrete hardstanding section at the rear that can be used for parking or waste. The current tenant ‘The Oatcake Station’ will remain in occupation until a new tenant is found and will discuss the sale of her business and equipment. New tenants can also take this unit on without the need to obtain the current business and equipment.
Location
The retail unit is located on Liverpool Road just off the A52 Ryecroft and A34 Lower Street around 200m from Newcastle-under-Lyme town centre. The new multi-storey carpark is a 1 minute walk away and the subway to the town centre, expected to be open in late 2024 is directly in front.
Accommodation
Front sales 258 sq ft Mid sales/kitchen 247 sq ft Preparation room 109 sq ft Rear office 120 sq ft WC -- Total 747 sq ft
Terms
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.
Specification
SERVICES
Mains electric, water and drainage are connected. No services have been tested by the agents.
VAT
The rent is not subject to VAT
BUSINESS RATES
Rateable value £6,900 Rates payable £3,XXXa (24/25) Note: If you qualify for small Business Rates Relief you may be entitled to a 100% rates payable reduction.
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.