£65,000 pa
(£5,417 pcm)
Retail premises to let28-34 Clayton Street, Newcastle Upon Tyne NE1
About this property
Retail premises in prime City centre location. Rent £65,000 per annum.
The property is a Grade II listed end of terrace unit with a stone-built façade. The property has single glazed timber framed windows, return frontage on Clayton Street and Newgate Street with the benefit of pedestrian access from each aspect.
Internally, the property is arranged over basement, ground and first floor levels which can all be used for sales, staff areas or storage with full ceiling heights. The unit is presented in a shell condition to allow for a range of uses for a tenant fit out.
Please note that there is no extraction system currently fitted, hot food uses will need to investigate the viability of installation.
Accommodation
We have measured the property as providing the following net internal areas:
Ground Floor
Sales: 86 sq m (928 sq ft)
Basement
Sales/Staff/Storage 74 sq m (800 sq ft)
First Floor
Sales: 70 sq m (751 sq ft)
total 230 sq m (2479 sq ft)
Services
Terms
Rates
The property is entered into the 2023 Rating List with a rateable value of £39,500.
Interested parties should make enquiries direct with the Local Authority to establish the actual rates payable.
VAT
The property is registered for VAT and, therefore, VAT will be payable on the rent.
Legal Costs
Each party is to bear their own legal costs.
Service Charge
Viewing
Strictly by appointment with the sole agents, YoungsRPS, contact or:
Stephanie Dixon:
Cameron English:
Parking
Planning
Property
Tenure
The property is available to let for a term of years to be agreed on a fully repairing and insuring lease.
Rent
The property is available to let at a rent of £65,000 per annum, exclusive of business rates and payable quarterly in advance.
Local authority
Newcastle City Council, Civic Centre, Barras Bridge, Newcastle Upon Tyne, Tel:
Energy performance certificate
The property is currently waiting for an EPC.
Code of practice for commercial leases
The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website
The property is a Grade II listed end of terrace unit with a stone-built façade. The property has single glazed timber framed windows, return frontage on Clayton Street and Newgate Street with the benefit of pedestrian access from each aspect.
Internally, the property is arranged over basement, ground and first floor levels which can all be used for sales, staff areas or storage with full ceiling heights. The unit is presented in a shell condition to allow for a range of uses for a tenant fit out.
Please note that there is no extraction system currently fitted, hot food uses will need to investigate the viability of installation.
Accommodation
We have measured the property as providing the following net internal areas:
Ground Floor
Sales: 86 sq m (928 sq ft)
Basement
Sales/Staff/Storage 74 sq m (800 sq ft)
First Floor
Sales: 70 sq m (751 sq ft)
total 230 sq m (2479 sq ft)
Services
Terms
Rates
The property is entered into the 2023 Rating List with a rateable value of £39,500.
Interested parties should make enquiries direct with the Local Authority to establish the actual rates payable.
VAT
The property is registered for VAT and, therefore, VAT will be payable on the rent.
Legal Costs
Each party is to bear their own legal costs.
Service Charge
Viewing
Strictly by appointment with the sole agents, YoungsRPS, contact or:
Stephanie Dixon:
Cameron English:
Parking
Planning
Property
Tenure
The property is available to let for a term of years to be agreed on a fully repairing and insuring lease.
Rent
The property is available to let at a rent of £65,000 per annum, exclusive of business rates and payable quarterly in advance.
Local authority
Newcastle City Council, Civic Centre, Barras Bridge, Newcastle Upon Tyne, Tel:
Energy performance certificate
The property is currently waiting for an EPC.
Code of practice for commercial leases
The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website
.png){kind=logo}