£75,000 pa

Leisure/hospitality to let

  1. Property photo 1 of 1.

£75,000 pa

£6,250 pcm

Leisure/hospitality to let

Northumberland Road, Newcastle Upon Tyne NE1

Local area information

Property location

Nearby amenities

  • Christ Church CofE Primary School 0.3 miles
  • Royal Grammar School 0.4 miles
  • Manors 0.4 miles
  • Newcastle 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Newcastle and Gateshead to find out more about the local area.

Features and description

  • Fully fitted restaurant premises to let
  • Situated on Northumberland Road, a key thoroughfare near Northumbria University, just off Prime Northumberland Street
  • “E Class” consent allowing for a wide range of uses
  • Prominent retailers and F&B operators in the vicinity include; Jolibee, kfc, Primark, Sainsburys Local, Starbucks and Marks and Spencer to name a few.
  • Potential to be subdivided
Situation

The unit occupies ground-floor space within the ncp car park, which boasts 550 car parking spaces. It is situated on Northumberland Road, a key thoroughfare and prominent pedestrian route connecting prime Northumberland Street with John Dobson Street. This corridor experiences high footfall during peak student times, as it links Northumbria University to Northumberland Street. Additionally, it is located opposite the O2 City Hall and in close proximity to Newcastle University and the Haymarket Metro Station.
Nearby occupiers include Jollibee, kfc, Primark, Sainsbury's Local, Starbucks, and Marks & Spencer, among others.
Accommodation


Arranged over ground floor, the premises comprise a fully fitted restaurant unit with WCs. The unit also has the potential to be subdivided.

Ground Floor gia
494.66 M2
5,325 ft2
Lease terms


A new effectively Full Repairing & Insuring lease for a term to be agreed is available at £75,000 per annum exclusive. Service Charge details to be confirmed.
Business rates


Rateable Value
£76,000

2023/2024 ubr
£0.512

Estimated Rates Payable
£38,912

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


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


Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of any VAT that may be payable.
Viewing


For enquiries, viewing, and general information, please contact:

Oliver Sunderland Ian Thurlbeck
E:
M: Ian Thurlbeck
E:
M:

More information

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  1. Zoopla
  2. Commercial to let
  3. Tyne & Wear
  4. Newcastle City Centre