Rent: £107,500 - £107,500
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
The premises are situated on prime pedestrianised Northumberland Street close to the Haymarket Metro and Bus Stations and both Newcastle and Northumbria Universities. Nearby retailers include Marks and Spencer, Primark, KFC, Santander, Virgin Money and Costa.
Arranged over ground, basement and three upper floors with the following approximate floor areas and dimensions:
|Internal Width||20’ 8”||6.3 m|
|Ground Floor Sales||1863 sqft||173.0sqm|
|First Floor Sales||493 sqft||45.8sqm|
|Second Floor||369 sqft||34.3sqm|
|Third Floor||450 sqft||41.8sqm|
The premises are available by way of a new Full Repairing & Insuring lease for a term to be agreed subject to 5 yearly rent reviews at a commencing rent of £107,500pa excl.
We are advised that the premises benefit from a Sui Generis Hot Food Take Away consent granted in 2016. Interested Parties should seek verification from Newcastle City Council.
|Estimated Rates Payable||£50,944|
Interested parties are advised to make their own enquiries with the Local Rating Authority.
A copy of the Energy Performance Certificate is available upon request.
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.
For enquiries, viewing, and general information please contact:
M: 07960 466 211
Property type: Leisure, Retail
Rateable value: £99,500
Planning use: Sui Generis
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