4 The Midway, Staffordshire, ST5 1QG

Description

The property comprise a ground floor lock up retail accommodation with WC, having a maximum built depth of 9.36m and a net frontage of 4.83m.

The property features display frontage and has:

Suspended ceilings;

Fluorescent tube lighting;

Plastered/decorated walls;

Some retail shelving; and

Carpet flooring.

Location

The property is located in Newcastle-under-Lyme town centre on The Midway just off the A34 ring road, between the Roebuck Shopping Centre and VUE cinema close to the pedestrianised High Street.

Situated within a block of commercial units which includes an optician, a nail salon & restaurant. Nearby there is council owned multi-story car park and high-rise student accommodation.

Accommodation

Ground Floor

Retail33.38 sq. m359

WC--

Max. Built Depth9.36 m30' 8''

Net Frontage4.83 m10' 1''

NIA33.38 sq. m359 sq. ft

Services

Interested parties are recommended to make their own enquiries. Mains electricity and water/drainage are understood to be available, subject to any reconnection which may be necessary.

Planning

Interested parties are recommended to make their own enquiries to Newcastle-under-Lyme Borough Council.

Rating

The property is classified as a shop and is currently assessed in conjunction with the first floor with a combined 2017 rateable value of £7,800. As such, the property needs to be reassessed by the Valuation Office Agency. Upon reassessment, the property will qualify for small business rates relief at 100%. Interested parties should direct their inquiries to Newcastle-under-Lyme Borough Council Business Rates Team: Tel: Tenure

The property is available on a new lease, on terms to be agreed.

Energy Performance Certificate

EPC Asset Rating: D99

Rent

£6,000 per annum exclusive.

Service Charge

The current service charge budget is £330.00 per annum.

VAT

VAT is applicable.

Credit Check

Prospective tenants will be subject to third-party credit checks for which a non-refundable fee (from £85+VAT) is payable to Hammond Chartered Surveyors in advance.

Legal Costs

Each party is to be responsible for their own legal costs.

Viewings

Viewing is strictly by appointment with the Sole Agent.

Contact

Euan McKenzie BA (Hons) MSc

Subject to Contract