Retail premises to let in Ridley Place, Newcastle Upon Tyne NE1

£25,000 pa (£481 pw)
Retail premises to let
Interested in this property? Call +44 330 038 7422 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Newly refurbished and re-configured to offer a ground floor lock up shop.
  • Close proximity to both Newcastle and Northumbria Universities.
  • A diverse mix of uses on Ridley Place with a developing Cafe Culture feel.
  • Nearby occupiers include Zapatista, Subway, Hays Travel, Wildes Hair and Virgin Money.

Property description

The property is situated in the City Centre on Ridley Place which connects with the northern end of prime Northumberland Street and is in close proximity to Newcastle and Northumbria Universities. Nearby occupiers include Subway, Hays Travel and Toni & Guy while the street also benefits from a healthy mix of local independent operators as indicated on the attached Goad extract.

The accommodation is arranged on ground floor and basement and offers the following approximate floor areas and dimensions:

Internal Width
32 ft 6”
9.9 m

Ground Floor Sales
668 sq ft
62 sq m

Rear Store
91 sq ft
8.5 sq m

251 sq ft
23.3 sq m

lease terms
The premises are available by way of a new effectively full repairing and insuring lease for a term to be agreed incorporating five yearly rent reviews at an initial rent of £25,000 per annum exclusive.

Business rates
The premises have not yet been separately assessed by the Local Rating Authority, however, an indication of rateable value can be provided by request from this office.

Energy performance certificate
An EPC for the premises is available upon request from this office.

Legal costs
Each party will bear their respective legal costs incurred in connection with the transaction.

All figures quoted in these terms are exclusive of VAT where chargeable.

By prior appointment through:
Ian Angus
dd: Mob: Email:
Pete Townsend
dd: Mobile: Email:

Property info

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For more information about this property, please contact
@retail, NE28 on +44 330 038 7422 * (local rate)

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