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Newcastle upon Tyne, 26 – 28 Grey Street

Rent: £45,000 - £45,000

Region: Tyne and Wear

Town/City: Newcastle upon Tyne

The unit occupies a prominent spot on the historic and iconic business & leisure street of Grey Street in Newcastle, a prime city centre location that leads to both the Quayside to the south and
Northumberland Street & Eldon Square Shopping Centre to the north.
The street is undergoing significant placemaking measures to pedestrianise and promote pavement trade from the leisure occupiers and benefits from multi storey car parking and metro stations nearby.
Adjacent to Cafe Mercy, other nearby occupiers include Sushi Me Rollin’, Pizza Punks, Las Iguanas, Zizzi, Leila Lily’s, Barluga and Grey Street Hotel. The City’s Theatre Royal is also in close proximity, together with a number of other established local leisure operators.


Arranged over ground & basement, the premises comprise a ground floor shop unit with an office facility to the rear, which could also be used for storage or extended sales:

Ground Floor 97.7 M² 1,051 ft²
Basement Staff/Store 79.3 M² 854 ft²

* Additional space at first floor level may be available providing 116.1 m² (1,249 ft²), currently with separate access, further detail upon request.


A new Full Repairing & Insuring lease for a term to be agreed is available at £45,000 per annum exclusive for the ground and basement space. Details on application to include the first floor accommodation.


The premises currently trade under ‘E class’ consent and are suitable for a variety of uses, subject to appropriate planning.


The property has a Energy Performance rating of D. A copy of the EPC is available upon request.



Rateable Value £28,000
2023/2024 UBR £0.499
Estimated Rates Payable £13,972

Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.


Each party is to be responsible for their own legal costs incurred with this transaction. Service charge?


All figures quoted are exclusive of any VAT that may be payable.


For enquiries, viewing, and general information, please contact:
Sarah Hart
M: 07985 768 514

Property type: Leisure, Retail

Rateable value: £28,000

Planning use: E

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