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41 London Rd 236 SF of Retail Space Available in Newcastle Under Lyme ST5 7EA
HIGHLIGHTS
- Over 20 years history as a takeaway
- Current business and equipment available to buy by way of separate negotiation
- Prominently located takeaway premises plus first floor accommodation
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 236 SF | 3 Years | $104.03 CAD/SF/YR $8.67 CAD/SF/MO $24,551 CAD/YR $2,046 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. The property is available subject to the incoming tenant paying a ‘good will’ fee in consideration for all of the equipment and extraction within the property on the basis that all of these items will then belong to the tenant.
- Use Class: E
- Partially Built-Out as a Fast Food Restaurant
- Private Restrooms
- Fully Carpeted
- Front sales/customer waiting area
- Kitchen
- One bedroom flat on 1st floor
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.
SELECT TENANTS AT 41 LONDON RD, NEWCASTLE UNDER LYME, STS ST5 7EA
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Malik's Indian Takeaway
- Retailer
- 1
- -
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Malik's Indian Takeaway | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 236 SF | Gross Leasable Area | 937 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 236 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 937 SF |
| Year Built | 1960 |
ABOUT THE PROPERTY
A mid-terraced takeaway unit forming part of a popular parade of shops close to Newcastle-under-Lyme and in the centre of Chesterton. The unit has been trading as a takeaway premises specialising in Indian cuisine for the past 20 years. The property briefly comprises a customer waiting/serving area, kitchen, rear storeroom and food prep room with space for WC if required. On the first floor is the remanence of a one bedroom flat including a lounge, bedroom, kitchen and bathroom, although the complete building is classed as commercial so a change of use will be required to use the space as living accommodation. At the rear of the property is a useful yard area plus a free council car park suitable for around 24 vehicles. The property is a ready made business and allows the next tenant to start trading almost immediately.
- Bus Line
- Storage Space
NEARBY MAJOR RETAILERS
Presented by
41 London Rd
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