Retail premises to let in St. Marys Place, Newcastle Upon Tyne NE1

Location

Situated on a busy street in the City Centre, nearby occupiers include Greggs, Cafe Nero and Costa Coffee.

The premises are located on St. Mary's Place between the main campuses of Newcastle and Northumbria Universities and the city's prime Northumberland Street retail pitch. The street provides the main pedestrian access between these areas and as such has a good level of footfall.

The premises also benefit from excellent transport links with a number of bus stops directly opposite and Haymarket Metro Station which is within close proximity.

Accommodation

The property provides cellular first floor accommodation. The NIA extends to 93.50sqm (1006sqft).

Lease Terms

The premises are subject to a 10 year lease from 1 May 2019 at a rent of £9,950 per annum.
VAT is applicable to the rent.

Business Rates

Rateable value £10,750.
Small Business Rates Relief may be applicable in which case no Business Rates would be payable by qualifying tenants.

Viewing

Strictly by appointment with R A Jackson & Son llp