Commercial Development in Newcastle Under Lyme
Crossways, Nelson Place, Newcastle Under Lyme, ST5 1EB
- Property Type: Commercial Development
- Contract Type: Unconditional with Variable Fee
Guide Price* £180,000+ plus fees
A prominent three storey property with basement and a range of first and second floor offices. Formerly used as a licenced bar/club (A4). We feel the property would suit a variety of alternative uses such as an office, restaurant or part residential development, subject to obtaining the appropriate planning consent.
Ground Floor bar/Sales Area: approx. 1,458 sq. ft.
The premises currently has a U shaped retail area accessible from all three elevations. There is a central serving bar and to the rear are the ladies and gents toilets, and access to the basement. A side entrance from Ryecroft provides pedestrian access to the rear, which in turn allows access to an external store (previously toilets) and a fire escape.
Extends to approximately 857 sq. ft. and consists of four rooms with a wc. Would suit use as offices, kitchen or living accommodation (subject to planning consent).
Extends ro approximately. 411 sq. ft. and consists of three further rooms which could be used as further offices, stores or living accommodation (subject to planning consent).
Housing all the barrels and lines with barrel drop located off Queens Parade.
The property occupies a prominent position overlooking Nelson Place round-a-bout which connects the major road network in Newcastle-under-Lyme. The property is located on the corner of the Irn market and Ryecroft Ring Road, forming part of the town centre conservation area. Newcastle is currently undergoing significant investment with the development of the new Civic Offices located within 50 yards which is adjacent to Queens Gardens. A mixed-use retail and student accommodation development is proposed for the former Sainsbury’s site and the former public baths on the opposite site of Nelson Place and currently being developed to create a 276 student bed accommodation.
We understand that VAT is not chargeable on the purchase price.
- Buyer’s Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
Date 29th April 2021
Venue National Property Auction
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
If you have any questions, call our team on 0345 222 0197