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Retail Showroom

Newcastle City Centre £27,000 per annum Leasehold (fees apply) REF: NE1459

Location

The property is situated just to the west of Newcastle City centre with easy access from the Redheugh Bridge.  The unit forms part of a retail parade benefitting from Pay & Display parking to the front of the premises and Blandford Square multi-story Car Park nearby.  The immediate area is enjoying significant levels of investment with new student accommodation adjacent and the 27 storey Hadrian’s Tower is being built opposite which will provide 160+ apartments and a rooftop visitor’s lounge. Eldon Square, St. James Park and Central Station are all within easy access of the premises. 

Description

Comprises a modern and spacious ground floor, self-contained premises with mezzanine level which extends to over 2,000 sq.ft. in total.  The unit is currently trading as a Bridal boutique and has been fitted out to a very high standard.  Laid out over two floors, the unit could be suitable for a number of uses such as retail, hair & beauty or any other use, subject to any required consents. 

Terms

The premises are held on a 15 year lease from 2013 at a passing rent of £27,000 per annum with a break clause at the 10th anniversary.

EPC

Rating – C

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