Newcastle upon Tyne, Central Arcade

Rent: £45,000 - £53,000

Region: Tyne and Wear

Town/City: Newcastle upon Tyne

Central Arcade commands a prime position in Newcastle City Centre opposite the City’s landmark Grey’s monument as well as being positioned in close proximity to Northumberland St and Blackett St.
The Arcade and it’s surrounding area has become the City’s focal point for the rapidly expanding independent boutique and leisure market. It offers a variety of unit sizes and and boasts extensive frontages to both Grainger Street and Grey Street as well as the beautiful covered arcade running from Market St to Grey St.
The Grade II* Central Arcade was first built in 1837 for Richard Grainger as part of his architectural redevelopment of the city. The building was originally a commercial exchange and newsroom and later an art gallery.

OPPORTUNITIES TO LET

132 Grainger Street – Under Offer

124 Grainger Street – details on application

26/30 Market Street & 8/9 Central Arcade – details on application

Rates
Interested parties are advised to make their own enquiries through Gov.uk or contact the business rates department at the local authority. The business rates multiplier for 2022/23 is 49.9p for small businesses, and 51.2p for all other businesses.

Legal Costs & VAT
Each party to be responsible for their own legal and professional costs incurred in this transaction. All prices/rents are quoted exclusive of VAT.

Further information and appointments available with agent @retail and Barker Proudlove:

Ian Angus
07960 466211
iana@atretail.co.uk

or

Steve Henderson
0787099618

steveh@barkerproudlove.co.uk