Key features
- 0.1 mile from St James Boulevard
- 0.5 miles from A167(M) and Tyne Bridge
- 0.7 miles from Hexham Train Station
- Awaiting EPC Rating
- Car parking within 160 yards
- City centre retail premises
- May be suitable for a variety of uses
- Popular high footfall area
- Prominent location
- Total size of 234.9m² (2,539ft²)
Description
LOCATION
The subject property is located on St Andrew’s Street in Newcastle city centre. St Andrew’s Street is a popular location with businesses including Oki Poke, The Back Page, Escape Key and Newcastle Arms.
St Andrew’s Street is located between China Town and Newgate Street which is a popular retail and leisure destination within the city centre with occupiers including, Turtle Bay, Nando’s, Space Golf, Cosmo and Premier Inn as well as being within close proximity to St James Park, Eldon Square Shopping Centre and The Gate.
DESCRIPTION
The subject property comprises a retail unit arranged over ground floor and basement and occupies a mid terrace position.
The property has a prominent wide glass frontage, has been newly plastered and painted internally and has LED lighting. The ground floor and basement are open plan and to a shell specification. There is a WC facility on the ground floor.
ACCOMMODATION
Ground floor |
148.1m² |
1,594ft² |
Basement |
86.8m² |
945ft² |
Total |
234.9m² |
2,539ft² |
RATING ASSESSMENT
Description | RV |
Estimated Rates Payable |
Shop and Premises |
£22,750 |
£11,352.25 |
This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
EPC RATING
Awaiting EPC Rating.
TERMS
The property is available by way of a new lease with terms to be agreed at £22,000 (Twenty Two Thousand Pounds) per annum, inclusive of maintenance.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
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