Retail premises to let in Saville Row, High Heaton, Newcastle Upon Tyne NE1

£24,000 pa (£462 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

  • City Centre position, prominently located just off Northumberland Street
  • The unit has suitability for a variety of uses under Use Class E
  • Natural link between the prime retail pitch and the University of Northumbria campus
  • Nearby occupiers include Tesco Express, Evans Cycles, Hadleys Hairdressing, Castle Drycleaners, G T Harvey & Partners Optometrists and Soul Hairdressing

Property description

Situation
Saville Row is a street running east of the 100% prime section of Northumberland Street in the heart of the city centre and acts as a natural link between the prime retail pitch and the University of Northumbria campus beyond John Dobson Street, which is only a short walk away.

Accommodation
The ground floor provides sales area with stores/staff kitchen facilities to the rear. The first floor space is accessed via an internal staircase and provides WC facilities and additional stores/offices:-

Internal Width
5.85m
19’2”

Shop Depth
10.68m
35’1”

Ground Floor Sales
42m2
453ft2

Rear Stores/Kitchen
10m2
105ft2

First Floor
29m2
311ft2

lease terms
Superdrug Stores occupy the whole unit by way of an existing effective Fri lease, which expires 23rd June 2026. A new Full Repairing & Insuring sub lease for a term to be agreed is available at an initial rental of £24,000 per annum exclusive.

EPC
An Energy Performance Certificate has been ordered and a full copy will be available upon request.

Business rates

Rateable Value
£24,250

2021/2022 ubr
£0.491

Estimated Rates Payable
£11,900

Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

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.

Viewing
For enquiries, viewing and general information, please contact:
Jonathan Chapman
E:
M:

Property info

Floorplan(s): Floorplan 1

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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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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by @retail, and do not constitute property particulars. Please contact @retail for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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