- NEW RETAIL UNITS TO LET
- Phase 1 - Aldi supermarket completed
- Phase 2 due for completion Autumn 2024
- 4 new retail units fronting Market Place
- From 1,727 sq ft
South Shields, R7, Westoe Crown Village
Rent: £15,000
Region: Tyne and Wear
Town/City: South Shields
- 1,000 sqft Ground Floor Retail Unit with Rear Loading
- E Class Consent Suitable for a Variety of Uses
- Free Public Car Parking Directly to the Front.
- Directly adjacent Westoe Crown Primary School.
- Occupiers in the scheme includes Tesco Express, Up North Pizzeria & Deli, Childrens Society, and Mac’n’Alli Café
Newcastle upon Tyne, 14 Blandford Square
Rent: £16,500
Region: Tyne and Wear
Town/City: Newcastle upon Tyne
- E Class Consent suitable for a variety of uses
- Side loading and rear external store
- Public Car Parking Directly Opposite
- Nearby includes The Discovery Museum, Dance City, Student Roost, 360 Sky Lounge, Hadrians Tower, Albufeira Café along with with a number of other local retailers.
- AFFLUENT MARKET TOWN
- PRIME RETAIL SHOP
- Waterstones, Caffe Nero, Bang & Olufsen, Costa Coffee and Sainsbury’s all have a presence
- Cheapside is an attractive pedestrianised street located between St Nicholas Arcades and Marketgate Shopping Centre
- Well configured accommodation suitable for retail and leisure operators
- Prime pitch adjacent to McDonalds, Costa, Specsavers and Greggs
- Successful retail park/drive to location just off A1
- Within the recognised Metrocentre perimeter
- Opposite IKEA
- Alpkit, Wed2B, Halfords, American Golf Centre, Hammond Furniture represented
- Dominant Neighbourhood Shopping Centre Investment
- Numerous asset management angles available to improve the tenant mix and increase rental income
- Offers in excess of £3,500,000 for the long leasehold and freehold interests
- Net initial yield of 11.50% after costs of 6.50%.
- Prominently positioned in the heart of the town centre on a busy thoroughfare and bus route
- The unit benefits from having a small car park to the side.
- Nearby occupies include Subway, My Dentist, JD Wetherspoons, Lloyds Bank, Go As you Please, Reed Partnership and The Empire Theatre
