Property Summary

An attractive art-deco premise s briefly comprising a self-contained ground floor sales area with A2 consent (Professional Services) together with separately accessed and self-contained first floor office accommodation.

Property Description

Tenure: Freehold

LOCATION
The property prominently features on the edge of Newcastle town centre having frontage to the A34, part of the towns Ring Road. Adjoining the property are a number of other commercial premises offering a range of services, including a restaurant operator.

DESCRIPTION
An attractive art-deco premise s briefly comprising a self-contained ground floor sales area with A2 consent (Professional Services) together with separately accessed and self-contained first floor office accommodation. The ground floor is currently being used for office purposes and benefits from gas fired central heating, suspended ceilings and part glazed internal partitioning. There is also a useful storage area to the rear that could be incorporated into the office accommodation extending the ground floor to 1,473 sq. ft. The first-floor area is very well presented throughout and arranged in open plan.

ACCOMMODATION
Grd Floor
Sales/Office Area 861 sq. ft
Kitchen 69 sq. ft
Rear storage 543 sq. ft.
Male & Female WC’s –
1st Floor
Office Area 1,493 sq. ft
3 x WC’s –
Total NIA 2,966 sq. ft

SERVICES
All mains services are connected. Gas fired central heating is installed. Fire alarm and burglar alarm with dial out facilities. Please note that no services have been tested by the agents.

TERMS
The property is available by the way of a new Full Repairing and Insuring lease for a term to be agreed and with the incoming tenant being responsible for the landlord’s reasonable legal fees. Alternatively, the freehold is available, subject to contract and with vacant possession upon completion.

OUTGOINGS
BUSINESS RATES
Grd Floor
Rateable Value: £5,000
Rates Payable: £2,495 pa (20/21)
1st Floor
Rateable Value: £7,700
Rates Payable: £3,842.30 pa (20/21)
Please Note: If you qualify for Small Business Rates Relief you will be entitled to a 100% exemption.

VAT
The sale price/rent is subject to VAT.

OTHER
EPC Rating
89 (band D)

Property Address

61-63 Lower Street
Newcastle-under-Lyme
Staffordshire
ST5 2RS


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