£80,000 pa

Retail premises to let

  1. Property photo 1 of 1.

£80,000 pa

£6,667 pcm

Retail premises to let

Northumberland Street, Newcastle Upon Tyne NE1

Local area information

Property location

Nearby amenities

  • Christ Church CofE Primary School 0.5 miles
  • Royal Grammar School 0.5 miles
  • Manors 0.5 miles
  • Newcastle 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Newcastle and Gateshead to find out more about the local area.

Features and description

  • Prime Northumberland Street E Class Opportunity
  • Ground Floor
  • Adjacent to Haymarket Metro Station and both Newcastle & Northumbria Universities
  • Nearby retailers include Pret a Manger, Boots, Starbucks, Jollibee’s, amongst a wide variety of other national retail and food led operators
Situation
The unit occupies a prime position on the pedestrianised Northumberland Street, the principal shopping street at the heart of Newcastle City Centre. Situated at the northern end, the Haymarket Metro Station is adjacent providing a strong footfall from the 3 million+ passengers using the stop annually.
The location is further bolstered with Newcastle and Northumbria Universities lying just to the west and east respectively. Nearby occupiers include Pret a Manger, Boots, Starbucks, Jollibee, Sainsburys, and a number of National Bank / Building Societies to name a few. The principal entrance to Marks & Spencer and Eldon Square is situated to the south of the unit.

Accommodation
Arranged over ground floor with the following approximate floor areas and dimensions: (Plans available upon request).

Internal Width
20‘ 11“
6.3 m

Shop Depth
35’ 09”
10.89 m

Ground Floor Sales
704 sqft
65 sqm

lease terms
A new, effective Full Repairing & Insuring lease for a term to be agreed is available at a commencing rent of £80,000 per annum exclusive. This subject to vacant possession.

Business rates

Rateable Value
£51,000

2023/2024 ubr
£0.512

Estimated Rates Payable
£26,112

Interested parties are advised to make their own enquiries with the Local Rating Authority.

EPC (Energy Performance Certificate)
A copy of the Energy Performance Certificate is available upon request. The unit has a rating of D71.

Service charge
There will be a service charge for the upkeep of common items.

Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.

Viewing
For enquiries, viewing, and general information please contact:
Pete Townsend
E:
M:

More information

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  1. Zoopla
  2. Commercial to let
  3. Tyne & Wear
  4. Newcastle upon Tyne
  5. Newcastle City Centre
  6. Northumberland Street

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