From
£43,000 pa
(£19.91/sq. ft. pa)
Retail premises to letGrainger Street, Newcastle Upon Tyne NE1
From 2,160 - 3,210 sq. ft
About this property
Prominent City Centre Location with Strong Footfall.
The premise benefits from an Off Licence.
Close to Newcastle Central Station, core retail, Maldron Hotel, St James’ Park.
“E Class” consent allowing for a wide range of uses.
Prominent retailers include; Slug & Lettuce, McDonalds, jd Wetherspoons, Greggs.
Location/situation
The unit occupies a prominent position on Grainger Street in Newcastle City Centre, one of the main thoroughfares linking Newcastle Central Station with Grey’s Monument. The location benefits from a strong mix of retail and leisure uses and is close to both student and private accommodation serving the city’s 40,000 – 50,000 student population. It is also near the Maldron Hotel and within easy reach of St James’ Park Stadium.
Nearby occupiers include Slug & Lettuce, McDonald’s, Greggs, jd Wetherspoon, Wendy’s and Dakwala Bombay Canteen.
Accommodation
Currently arranged over ground and basement, the unit has the following approximate floor areas:
38-40 Grainger Street
Ground Floor Area 2,160 sqft 200.67 sqm
Basement 1,050 sqft 97.55 sqm
Lease terms
A new effective Full Repairing & Insuring for a term to be agreed is available at a rent of £43,000 per annum exclusive.
EPC
The property has an Energy Performance rating of B.
Business rates
Rateable Value £29,000
Estimated Rates Payable April 25/26 £14,471
*Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority. Units will be reassessed if let on an individual basis.
Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
Aml
In accordance with Anti Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Viewing
For enquiries, viewing, and general information, please contact @retail:
Oliver Sunderland Ian Thurlbeck
E:
M:
The unit occupies a prominent position on Grainger Street in Newcastle City Centre, one of the main thoroughfares linking Newcastle Central Station with Grey’s Monument. The location benefits from a strong mix of retail and leisure uses and is close to both student and private accommodation serving the city’s 40,000 – 50,000 student population. It is also near the Maldron Hotel and within easy reach of St James’ Park Stadium.
Nearby occupiers include Slug & Lettuce, McDonald’s, Greggs, jd Wetherspoon, Wendy’s and Dakwala Bombay Canteen.
Accommodation
Currently arranged over ground and basement, the unit has the following approximate floor areas:
38-40 Grainger Street
Ground Floor Area 2,160 sqft 200.67 sqm
Basement 1,050 sqft 97.55 sqm
Lease terms
A new effective Full Repairing & Insuring for a term to be agreed is available at a rent of £43,000 per annum exclusive.
EPC
The property has an Energy Performance rating of B.
Business rates
Rateable Value £29,000
Estimated Rates Payable April 25/26 £14,471
*Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority. Units will be reassessed if let on an individual basis.
Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
Aml
In accordance with Anti Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Viewing
For enquiries, viewing, and general information, please contact @retail:
Oliver Sunderland Ian Thurlbeck
E:
M:
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