Retail premises for sale in Ironmarket, Newcastle-Under-Lyme ST5

Key Points

Description

The property is a three-storey building producing a total income of £38,150 pa from two commercial occupiers plus the potential of further income/development of the first-floor part & whole second floor which are separately accessed from Market Lane. No.51 trades as Toni&Guy Hair Salon over ground and part first floor. The ground floor consists of split front and rear retail areas with disabled customer WC and kitchen. The upper floor provides further customer area to the front section and staff kitchen and WC to the rear.

No.52 is Michelangelo coffee bar is a ground floor unit with retail seating area, behind which is a customer WC, then to the rear is the preparation area and storage.

Part of the first floor and whole second floor are separately accessed and vacant. Each floor has a range of smaller rooms but could be developed for further commercial or residential uses, subject to any necessary planning consent. Previous uses include being a health & beauty salon. Further tenancy details are available upon request from the agent.

Location

The property is in the heart of the Town centre, centrally located on Ironmarket with a side passage linking with Hassell Street and Newcastle Bus Station. Only 100 meters away is the Queens Gardens public realm and Newcastle Borough Council offices in Castle House.

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The accommodation comprises the following areas: