The property is located on Ironmarket, close to its junction with High Street. Ironmarket is one of the main retiling centres in Newcastle under Lymes pedestrianised Town Centre and is home to a large number of National retailers including New Look, Greggs, JD Sports, Vodafone, Toni & Guy, Coral Bookmakers and the Post Office. Many cafes, restaurants and Public Houses are also found along Ironmarket, including Café Nero and Yates and the mix provides both day and night time activity.
The property comprises a well fitted out ground floor shop with a suspended ceiling and modern fit out which is in a ready to occupy condition as can be seen in the adjacent photos. The property has the benefit of A1 (Retail) planning but may also be suitable for other uses, subject to planning.
Ground Floor Sales: 793 sq. ft. / 73.67 sq. m.
Total NIA: 793 sq. ft. / 73.67 sq. m.
Mains gas, water, drainage and electricity are connected. There are a number of air conditioning units throughout the ground floor. Please note that no services have been tested by the agents.
The property is available by the way of a Full Repairing and Insuring lease for a term of years to be agreed, subject to rent reviews every three years and with both parties paying for their own reasonable legal fees.
Rateable Value: £17,500
Rates Payable: £8,155 pa (17/18)
The rent is not subject to VAT.
BIG INCREASE IN TOWN CENTRE FOOTFALL
September and October in particular saw huge footfall increases. There were an extra 34,000 visits in September and an additional 60,000 visits in October compared to last year. November saw a smaller increase but we maintained and surpassed last year's excellent numbers.
The latest figures show that the attractive retail and leisure mix we offer in Newcastle is proving popular with visitors and shoppers. Alongside important development work and a calendar of events, we have a great platform to build on in 2018 - thank you for all your hard work and commitment to the town.
Here are the footfall figures in more detail for you:
September 2016 - 161,022
September 2017 - 195,304
October 2016 - 161,651
October 2017 - 222,698
November 2016 - 230,174
November 2017 - 231,967
Sep-Nov 2016 total - 552,847
Sep-Nov 2017 total - 649,969
Contact an agent about this property
* Required field