Lot 06 – 53 Ironmarket, Newcastle under Lyme, ST5 1PE

Property Enquiries

Simon Bailey

simon.bailey@bidx1.com
+44 (0) 20 3929 8403

Viewing Registration / Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Glynn Buckley

glynnbuckley@leadbeaterkay.co.uk
+44 (0) 1782 201 933
Description
Map
Viewings

Property Summary
  • Freehold bar/restaurant premises
  • Pedestrianised town centre location
  • Fully fitted out as bar/restaurant
  • Alternative use potential, subject to consents
  • Vacant possession
Tenure

Freehold

Location

Newcastle-under-Lyme is a market town in Staffordshire lying adjacent to the city of Stoke-on-Trent about 42 miles north of Birmingham and 40 miles south of Manchester. It can be accessed via the A34, A53, A525 and A527 and the M6 motorway lies just to the west of the town, accessible via junctions 15 and 16. Stoke-on-Trent train station provides regional rail services as well as direct services to Manchester, Birmingham and London Euston.

Ironmarket is one of the principal shopping thoroughfares in the town centre but also provides numerous public houses, cafes and bar/restaurants. The property lies the pedestrianised zone of Ironmarket on its south side at its junction with Market Lane. Nearby occupiers include Cafe Nero, New Look, Yates', Halifax, Oxfam and Coral.

Description

A prominent corner building of traditional construction beneath a pitched roof. The building is arranged over basement, ground and two upper floors and is currently arranged as a fully fitted out bar/restaurant. The ground floor has a fully glazed frontage and provides access via an open spiral staircase to the first and second floors, which each provide further bars and seating areas as well as a fully fitted commercial kitchen at second floor level. The basement provides storage and barrel access via a lift from Market Lane.

Planning

The property currently benefits from an A4 Use Class, which includes A3, A2 and A1 (retail) and may offer alternative use potential, subject to obtaining the relevant consents. Prospective purchasers are advised to make their own enquiries. Stoke-on-Trent City Council (01782 232372) www.stoke,gov.uk 

VAT
Please refer to Legal Documents
Property Table
FloorAccommodationTenancyRent Per Annum
TOTAL789.65 sq m (8,500 sq ft)  
Ground
First
Second
Basement
197.41 sq m (2,125 sq ft)
197.41 sq m (2,125 sq ft)
197.41 sq m (2,125 sq ft)
197.41 sq m (2,125 sq ft)
Vacant0

The auctioneers have not measured the property. All areas have been provided by the vendor.

EPC

Rating 73 Band C


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Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

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