The historic market town of Newcastle-Under-Lyme is the principal retail and leisure destination in the Borough that takes pride in its deeply rooted cultural and historical offerings. It is a vibrant place to live, work, and socialise.
The bustling town centre offers an exciting array of shopping opportunities, boasting two shopping centres and a prominent high street dotted with popular independent retails, restaurants, and high street shops.
NewCastle-under-Lyme Property Investment Shops and Leisure scene is one key point smart investors have to look out for in the area.
The recently developed Castle Walk is a famous cobbled area home to various shops, cafés, and restaurants.
The historic town centre is enclosed by the Ring Road (Lower Street, Ryecroft, and Barracks Road), including most town centre retail and leisure hotspots. The High Street, Ironmarket, and Castle Walk provide a well-maintained pedestrianised focus for the town centre, with a wide array of shops and restaurants just on the community's doorstep.
Historic Market Town and Trading Center
Newcastle-under-Lyme has many heritage assets linked to its role as a historic market town and trading centre, with listed buildings such as the Lancaster Building, Guildhall, and Brampton House. Its heritage as a market town is retained today, with the market at the heart of Newcastle town centre.
NewCastle-under-Lyme Property Investment Shops and Leisure: A thriving creative and cultural hub
The town has developed a thriving and impressive cultural offer. The New Vic Theatre is one of the country's most successful independent producing theatres. It is essential to Newcastle-Under-Lyme's cultural life, engaging 150,000 people each year and delivering an award-winning community and education programme. This programme alone reaches around 25,000 people of all ages per year3 .
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The New Vic Theatre is undertaking a full refurbishment of its theatre space, strengthening an already-enviable local cultural venue, which the TIP has the opportunity to complement by broadening the cultural offer.
An artistic community that takes pride in local museums, music, and arts programme
This is complemented by other schemes and assets such as Brampton Museum, set in the beautiful Brampton Park that attracts 56,000 visitors annually.
Keele University has a vibrant arts programme, with events held throughout the year. This includes a full and varied music programme from the Keele Concert Society, public lectures, live poetry readings, and art exhibitions.
The town's Business Improvement District also contributes to the vibrant cultural offer by hosting the Jazz & Blues Festival, LymeLight Festival, and The Homecoming.
Investments in a town's cultural assets, as part of an integrated regeneration strategy, can rejuvenate places, lead to positive economic outcomes at a local level and attract tourists who will bolster local businesses.
Newcastle-under-Lyme as the birthplace of Philip Astley
Newcastle-under-Lyme was the birthplace of 'father of the modern circus' Philip Astley in 1742, and has successfully drawn on this heritage through initiatives such as a Town Centre trail. This includes both historical sites and brand-new artwork, illustrating highlights from Astley's life, and events such as the Festival of Circus in 2018 as a part of Circus 250, a national celebration of the 250th anniversary of modern circus and Astley Fest.
Why should landlords invest now?
Having read through these reasons, we hope that you can see why property investment in Newcastle-under-Lyme should not be overlooked. Now is the perfect time for landlords to explore buy-to-let opportunities before prices rocket as the developments are near completion.
We are already seeing the demand for rental properties rising, so we urge you to act now to take advantage of the current climate and not miss out.
Developments in Newcastle-under-Lyme like Marsh Box makes the area an even more attractive spot for investment for those looking to live in a place with an excellent cultural environment and a thriving shopping and leisure scene. It is a stunning new development of 27 one & two-bed apartments that have been designed to suit the lifestyle and needs of students, young professionals, and investors alike. Located just a 10-minute walk from Newcastle-under-Lyme town centres, the development provides an excellent fusion of style and convenience.