Leisure/hospitality to let in The Gosforth Centre, Gosforth, Newcastle Upon Tyne NE3

£32,500 pa (£625 pw)
Interested in this property? Call +44 330 038 7422 * or Request Details

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Leisure/hospitality to let

Property features

  • The scheme provides 73,000 sq ft of retail space alongside a roof top car park with 100+ vehicles.
  • The unit has a partially fitted Commercial Kitchen at first floor but is suitable for a variety of uses under Class E
  • Tenants include Sainsbury’s, Costa, Boots, wh Smith, Card Factory, Savers Health and Beauty as well as strong local independent operators

Property description

Situation
Gosforth is an affluent suburb of Newcastle upon Tyne located 3 miles north of the city centre. The unit benefits from both external frontage to St Nicholas Avenue and internal frontage to the main shopping mall. Nearby operators include Café Etto, wh Smith, Boots, Card Factory and Savers Health and Beauty.

Accommodation
Arranged over ground & first floors which can be separately let and with loading and parking provisions on the first floor. The first floor houses elements of a Commercial Kitchen whilst the ground floor also has kitchen facilities. The two floors can be let separately.

Internal Width
34’ 9”
10.5m

Ground Floor
1,709sqft
158.8sqm

First Floor
1,588sqft
147.5sqm

lease terms
A new Full Repairing & Insuring lease for a term to be agreed is available at an initial rent of £32,500 per annum exclusive. Terms per floor are available on request.

EPC
The property has a Energy Performance Certificate of C. A copy of the EPC is available upon request.

Business rates
The premises need to be re-assessed for rating purposes. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

Service charge
The Service Charge budget figure for the year to Dec 31st 2023 is £20,000 excl

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:
Ian Angus
E:
M: Jonathan chapman
E:
M:

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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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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