Property to rent in 42 Merrial Street, Newcastle-Under-Lyme, Staffordshire ST5

General description,
A deceptively large retail premises located in an area of
regeneration in Newcastle-under-Lyme town centre. A
semi-detached property with a glazed frontage to Merrial
Street and an extensive return frontage to Corporation Street
the property would suit a wide variety of commercial uses. The
property benefits from UPVC double glazed window frontage,
warm air blowers on the shop floor and a suspended ceiling.
Internally the property comprises a front and rear sales area,
ground floor bathroom and access from the front on Merrial
Street or side on Corporation Street. The first floor is accessed
from the rear and comprises a front office, a large rear
storeroom and upstairs bathroom. There is the potential for the
property to be split and rented as two separate units or sublet
by the occupier to another business.

Location

Located on the corner of Merrial Street and Corporation Street
opposite the site of the former Town Hall. A new multistorey
car park is being constructed to the rear and York Place is
opposite with planning for 47 one and two-bed apartments,
plus commercial space and room for the Astley Performing Arts
Centre. Newcastle-under-Lyme is easily accessible from
junction 15 of the M6 and is 2 miles from Stoke on Trent and
Hanley centres.

Services

Mains electric, water and drainage are connected. No services
have been tested by the agents.

Vat

The rent is not subject to VAT

Tenure

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.

Business Rates

Rateable value £9,700
Rates payable £4,840.30 pa (23/24)
Note: If you qualify for Small Business Rates Relief you should
be entitled to a 100% rates payable exemption.

Accommodation

Ground Floor
Sales (front) 312 sq ft
Sales (rear) 585 sq ft
Storage 28 sq ft

WC --

WC --

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.