Rent: £52,500 - £110,000
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 – details on application
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 agents Robinson Webster and @retail:
020 7190 9801
020 7190 9801
Property type: Leisure, Retail
Planning use: E
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