Offers over
£1,000,000
(£36.98/sq. ft)
Land for sale158-170 New Bridge Street, Newcastle Upon Tyne NE1
27,040 sq. ft
Just added
Freehold
About this property
Development Opportunity
Size: 27,039.66 sq ft (2,512.66 sq m)
Asking Price: Offers in Excess of £1M
Subject to Contract
Description
The properties comprise a substantial former retail showroom known as the New Bridge Street Bedding Centre and a former restaurant, prominently positioned on New Bridge Street, Newcastle upon Tyne. The premises has historically traded as a well-established bed and furniture retailer, providing extensive open-plan showroom accommodation with ancillary storage and servicing areas.
The buildings are understood to be of traditional construction, typical of mid-to-late 20th century city centre commercial stock, arranged over ground, basement and first floors, offering a substantial footprint suitable for a variety of alternative uses, subject to the necessary planning consents being obtained. The scale and configuration of the accommodation lend themselves to continued retail use, leisure, trade counter, showroom or potential redevelopment opportunities. Externally, the property benefits from rear servicing access together with pay-and-display car parking provision, enhancing accessibility for both customers and staff.
Overall, the properties represent a rare opportunity to lease a large, adaptable commercial unit in a highly accessible city centre fringe location, with significant potential for a range of occupiers or redevelopment, subject to planning.
Location
New Bridge Street occupies a highly prominent and accessible position on the edge of Newcastle City Centre, within the vibrant professional and academic core of the city. The property is situated just a short walk from Newcastle’s prime retail and leisure pitch, centred around Northumberland Street and Eldon Square, offering a wide range of amenities. The location benefits from immediate proximity to both Newcastle University and Northumbria University, making it particularly attractive for occupiers seeking access to a large and skilled graduate talent pool. Excellent transport connectivity is provided via nearby Manors and Monument Metro stations, as well as Newcastle Central Station, ensuring strong regional and national links. The surrounding area is characterised by a mix of office, educational and leisure uses, reinforcing its appeal as a well-connected and dynamic business location.
Terms
Offers in excess of £1M are invited for the benefit of our clients Freehold interest.
Use / Planning
We understand that the properties benefit from consent for its current use that falls under Use Class E of the Town & Country Planning Use Classes Order as amended 1 September 2020.
Alternative uses may be considered subject to obtaining the necessary planning consent via the Local Planning Authority, Newcastle City Council.
The properties comprise a substantial former retail showroom known as the New Bridge Street Bedding Centre and a former restaurant, prominently positioned on New Bridge Street, Newcastle upon Tyne. The premises has historically traded as a well-established bed and furniture retailer, providing extensive open-plan showroom accommodation with ancillary storage and servicing areas.
The buildings are understood to be of traditional construction, typical of mid-to-late 20th century city centre commercial stock, arranged over ground, basement and first floors, offering a substantial footprint suitable for a variety of alternative uses, subject to the necessary planning consents being obtained. The scale and configuration of the accommodation lend themselves to continued retail use, leisure, trade counter, showroom or potential redevelopment opportunities. Externally, the property benefits from rear servicing access together with pay-and-display car parking provision, enhancing accessibility for both customers and staff.
Overall, the properties represent a rare opportunity to lease a large, adaptable commercial unit in a highly accessible city centre fringe location, with significant potential for a range of occupiers or redevelopment, subject to planning.
Location
New Bridge Street occupies a highly prominent and accessible position on the edge of Newcastle City Centre, within the vibrant professional and academic core of the city. The property is situated just a short walk from Newcastle’s prime retail and leisure pitch, centred around Northumberland Street and Eldon Square, offering a wide range of amenities. The location benefits from immediate proximity to both Newcastle University and Northumbria University, making it particularly attractive for occupiers seeking access to a large and skilled graduate talent pool. Excellent transport connectivity is provided via nearby Manors and Monument Metro stations, as well as Newcastle Central Station, ensuring strong regional and national links. The surrounding area is characterised by a mix of office, educational and leisure uses, reinforcing its appeal as a well-connected and dynamic business location.
Terms
Offers in excess of £1M are invited for the benefit of our clients Freehold interest.
Use / Planning
We understand that the properties benefit from consent for its current use that falls under Use Class E of the Town & Country Planning Use Classes Order as amended 1 September 2020.
Alternative uses may be considered subject to obtaining the necessary planning consent via the Local Planning Authority, Newcastle City Council.
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