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13 London Rd 1,127 SF of Retail Space Available in Newcastle Under Lyme ST5 1LQ
HIGHLIGHTS
- The property is prominently located facing the Grosvenor Roundabout where the A34 meets the A527 on the edge of the town centre.
- Recently refurbished and offered as a ‘turn-key’ opportunity
- Rental includes all fixtures and fittings (repair and replace)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,127 SF | 3 Years | $23.10 CAD/SF/YR $1.93 CAD/SF/MO $26,039 CAD/YR $2,170 CAD/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
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Private Restrooms
- Secure Storage
- Ground and first floor seating areas
- Fully operating restaurant
- Recently refurbished
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 | 1,127 SF | Gross Leasable Area | 1,127 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Restaurant |
| Total Space Available | 1,127 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,127 SF |
| Year Built | 1998 |
ABOUT THE PROPERTY
A period mid terraced restaurant premises of brick elevations with pitched and flat roof coverings having been extended to the rear. The property has a long-established reputation as a restaurant with the previous owners having operated a successful British bistro for over 22 years. The rent will include the fixtures and fittings, which principally includes the kitchen equipment, extraction system, steel canopy, fryers, bar equipment and the furniture, generating a ‘turn-key’ opportunity for the new tenant to continue to operate the existing business for nil premium. The property is tastefully decorated and recently renovated to include replacement windows, flat roof and fire doors. Note: The equipment will be passed over to the ingoing tenant on a ‘repair and replace’ basis.
- Restaurant
- Storage Space
NEARBY MAJOR RETAILERS
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13 London Rd
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