Prominent Newcastle-under-Lyme Retail Investment Brought to Market by Bond Wolfe

Newcastle-under-Lyme retail investment brought to market by Bond Wolfe for £550,000

A prominent retail investment property in the heart of Newcastle-under-Lyme, generating an annual rental income of £45,000, has been brought to market by Bond Wolfe.

The modern, purpose-built property at Unit 3 Barracks Road is available for offers in the region of £550,000 plus VAT, presenting an attractive opportunity for investors seeking a well-located commercial asset with a long-term tenant and guaranteed rental increases.

Occupying a prominent corner position on Barracks Road (A527), which forms part of the town’s ring road, the freehold property extends to approximately 3,037 sq ft and is currently occupied by Patty’s, an established burgers, shakes and desserts restaurant. The building has been fitted out to a high standard, with a predominantly open-plan ground floor incorporating a restaurant and seating area, sales counter and ancillary accommodation.

The property is let to Smash on Trent (Staffordshire) Ltd on a 15-year lease which commenced in June 2022 and runs until June 2037. The current annual rental income of £45,000 is set to increase to £50,000 in June 2027, followed by a further rise to £55,000 in June 2032, providing investors with a structured income stream and opportunities for future rental growth.

Situated just east of Newcastle-under-Lyme town centre, the property occupies a prominent and accessible location, with excellent transport links via the M6 motorway and nearby Stoke-on-Trent railway station.

With an estimated shopping population of 56,000 and a wider catchment of approximately 138,000, the town offers a strong customer base for retail and leisure operators.

James Mattin, Managing Director at Bond Wolfe, said:

“This represents an attractive investment opportunity in a highly prominent position on Newcastle-under-Lyme’s ring road. Let to an established and expanding operator on a long lease extending to 2037, the property offers investors a strong income profile with built-in rental growth and an appealing yield. The combination of a modern purpose-built unit, excellent visibility and a sizeable catchment population makes this a compelling proposition for investors.”

Bond Wolfe is inviting offers in the region of £550,000 plus VAT for the freehold interest, subject to the existing tenancy.

For further information or to arrange a viewing, contact Bond Wolfe’s commercial agency team on 0121 525 0600.