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8 Ironmarket, Newcastle Under Lyme, ST5

Retail for rent

£23Per Sq Ft
£18,000
Per annum
793Sq Ft
Space

LOCATION

The property is located on Ironmarket, close to its junction with High Street. Ironmarket is one of the main retiling centres in Newcastle under Lyme’s pedestrianised Town Centre and is home to a large number of National retailers including New Look, Greggs, JD Sports, Vodafone, Toni & Guy, Coral Bookmakers and the Post Office. Many cafes, restaurants and Public Houses are also found along Ironmarket, including Café Nero and Yates and the mix provides both day and night time activity.

DESCRIPTION

The property comprises a well fitted out ground floor shop with a suspended ceiling and modern fit out which is in a ready to occupy condition as can be seen in the adjacent photos. The property has the benefit of A1 (Retail) planning but may also be suitable for other uses, subject to planning.

ACCOMMODATION

Ground Floor Sales: 793 sq. ft. / 73.67 sq. m.

WC: -

Total NIA: 793 sq. ft. / 73.67 sq. m.

SERVICES

Mains gas, water, drainage and electricity are connected. There are a number of air conditioning units throughout the ground floor. Please note that no services have been tested by the agents.

TERMS

The property is available by the way of a Full Repairing and Insuring lease for a term of years to be agreed, subject to rent reviews every three years and with both parties paying for their own reasonable legal fees.

OUTGOINGS

Rateable Value: £17,500

Rates Payable: £8,155 pa (17/18)

VAT

The rent is not subject to VAT.

OTHER

EPC

TBA

BIG INCREASE IN TOWN CENTRE FOOTFALL

September and October in particular saw huge footfall increases. There were an extra 34,000 visits in September and an additional 60,000 visits in October compared to last year. November saw a smaller increase but we maintained and surpassed last year's excellent numbers.

The latest figures show that the attractive retail and leisure mix we offer in Newcastle is proving popular with visitors and shoppers. Alongside important development work and a calendar of events, we have a great platform to build on in 2018 - thank you for all your hard work and commitment to the town.

Here are the footfall figures in more detail for you:

• September 2016 - 161,022

September 2017 - 195,304

• October 2016 - 161,651

October 2017 - 222,698

• November 2016 - 230,174

November 2017 - 231,967

• Sep-Nov 2016 total - 552,847

Sep-Nov 2017 total - 649,969

Listed Features

  • Use Class - A1
  • Cafè
  • General Retail
  • High Street
  • Modern Design
  • No FRI Lease
  • Office
  • Post Office
  • Restaurant
  • Suspended Ceilings
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Property Marketed By
Rory Mack Associates Ltd Logo
Rory Mack Associates Ltd