From
£45,000 pa
(£57.92/sq. ft. pa)
Retail premises to letGrey Street, Newcastle Upon Tyne NE1
From 777 - 1,184 sq. ft
About this property
Situation
The unit occupies a prominent spot towards the top of the iconic business and leisure street of Grey Street in Newcastle city centre. Grey Street is undergoing significant placemaking measures to pedestrianize and promote pavement trade from the leisure occupiers and benefits from multi-storey car parking and metro stations nearby.
To the rear includes flagship redevelopment of the street to house hmrc’s head office, a new 5-star hotel, as well as further office and leisure developments.
Accommodation
Arranged over ground & basement with loading provisions to the rear on Greys Court, the unit provides the following accommodation:
Ground Floor Sales 72 sqm 777 sqft
Basement Staff/Store 38 sqm 407 sqft
Lease terms
A new Effective Full Repairing & Insuring lease for a 10 year term to be agreed and subject to 5 yearly rent reviews. Rent upon application.
EPC
An Energy Performance Asset Rating is Band B (46). A full copy of the EPC is available upon request.
Business rates
Rateable Value £34,000
2024/2025 ubr £0.499
Estimated Rates Payable £16,966
Costs
Each party will bear their respective legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
Viewing
For enquiries, viewing and general information, please contact:
Sarah Hart
E:
M:
The unit occupies a prominent spot towards the top of the iconic business and leisure street of Grey Street in Newcastle city centre. Grey Street is undergoing significant placemaking measures to pedestrianize and promote pavement trade from the leisure occupiers and benefits from multi-storey car parking and metro stations nearby.
To the rear includes flagship redevelopment of the street to house hmrc’s head office, a new 5-star hotel, as well as further office and leisure developments.
Accommodation
Arranged over ground & basement with loading provisions to the rear on Greys Court, the unit provides the following accommodation:
Ground Floor Sales 72 sqm 777 sqft
Basement Staff/Store 38 sqm 407 sqft
Lease terms
A new Effective Full Repairing & Insuring lease for a 10 year term to be agreed and subject to 5 yearly rent reviews. Rent upon application.
EPC
An Energy Performance Asset Rating is Band B (46). A full copy of the EPC is available upon request.
Business rates
Rateable Value £34,000
2024/2025 ubr £0.499
Estimated Rates Payable £16,966
Costs
Each party will bear their respective legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
Viewing
For enquiries, viewing and general information, please contact:
Sarah Hart
E:
M:
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