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42 Merrial St 897 SF of Retail Space Available in Newcastle Under Lyme ST5 2AW
HIGHLIGHTS
- Very prominently located retail property in town centre
- Located in an area of major regeneration
- Dual access of Merrial Street and Corporation Street
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 897 SF | 3 Years | $25.99 /SF/YR $2.17 /SF/MO $23,317 /YR $1,943 /MO | Fully Repairing & Insuring |
Ground
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.
- Use Class: E
- Highly Desirable End Cap Space
- A new multistorey car park due for construction
- Located in an area of major regeneration
- Very prominently located retail property
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 897 SF | Gross Leasable Area | 1,408 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 897 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,408 SF |
| Year Built | 1980 |
ABOUT THE PROPERTY
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.
- Corner Lot
- Security System
- Signage
NEARBY MAJOR RETAILERS
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42 Merrial St
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