Restaurant/cafe to let in Ironmarket, Newcastle-Under-Lyme ST5

The proposal is to identify an operator for the food outlet for the area edged in red for the facility.
The building will see Keele University located within the town centre and the proposals for the three- storey building are for modern working and meeting spaces, offering digital connectivity to the community, and helping to drive productivity and boost skill levels in the area.

Description

The building will see Keele University located within the town centre and the proposals for the three- storey building are for modern working and meeting spaces, offering digital connectivity to the community, and helping to drive productivity and boost skill levels in the area.

The proposal is to identify an operator for the food outlet for the area edged in red for the facility. The current proposal is to provide a fully fitted kitchen within the space for any incoming tenant to have as part of the landlord's fit out.

The area edged in blue on the ground floor would provide a joint seating area for the food outlet and for the users of the building.

Please email and we will email you the link for the purpose of the space and what it will deliver.

Location

The property is located in the pedestrian area of Newcastle under Lyme town centre the major shopping area in Newcastle. The unit is in a prominent location in the town and close to the Castle Walk development with other retailers close by including New Look, Boots, Warren James etc. There are proposals for a major regeneration of the town centre to include four storey shop and office development and at the Ryecroft a 100 bedroom hotel, 90 homes for the over 55’s, as well as a 450 space multi-storey car park plus additional 450 plus student accommodation units in close proximity such as Deakins Yard and Midway House.

Accommodation

See property layout plan on the details.

Proposal

We are seeking a food operator to rent the space on terms to be agreed

Project Information

The project is being funded by money from the Newcastle Town Deal: A successful bid by partners including Keele university and Newcastle-Under-Lyme Borough Council to central government for funding in Newcastle and Kidsgrove to improve residents` quality of life and boost economic regeneration.

Rating

The voa website advises the rateable value for 2024/25 is to be confirmed. The standard non-domestic business rates multiplier is 54.6p. The small business multiplier is 49.9p up to a rateable value of £50,999. Small Business may benefit for upto100% on premises with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.

Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.

Viewing

Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone . Opening hours are 9.00-5.30pm, Monday to Friday.