Retail premises for sale in Ironmarket, Newcastle-Under-Lyme ST5, £500,000

500,000.00

Offer Nr.:
63997229
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Mounsey Chartered Surveyors
Phone(s):
01782 933457

* Freehold
**Key Points**
* 2 x let commercial units
* Vacant upper floors
* Asset management potential
* Town centre location
**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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