The available property consists of the ground floor of a traditional, historic stone brick building on the banks of the River Tyne. Externally there are three separate outdoor seating areas which could be used as dining terraces with picturesque views across the Tyne. Following recent damage, the premises are to be completely re-fitted. Ideally the new internal layout will be agreed with the successful tenant but the area will consist of the space marked red on the plan attached.
We are seeking a tenant with a back ground in food to run a food led operation who can make use of the charming setting and river views.
The property consists of a three storey brick built building with attractive stone façade and pitched slate roof covering. The property is of traditional construction. The upper floors and basement are currently let to a restaurant trading as ‘La Speghettata’. The ground floor is accessed to the front of the building via Saddler Street with fire exit to the rear side of the building out onto Saddler Lane, next to Pizza Express. The ground floor was previously occupied by Coral Bookmakers and we believe leisure uses such as restaurants and bars may suit, subject to the relevant planning and landlord consents. The premises comprise open plan retail area with WC and storage to the side. Walls are plastered and painted with suspended ceiling and recessed lighting. Original coving and ornate features can be seen above the suspended ceiling.
Excellent City Centre Location overlooking St James Boulevard
Only 3 units remaining ranging in size between 215 sq ft and 495 sq ft (1,200 sq ft in total)
Suitable for retail, leisure and office occupiers (subject to planning)
Rents ranging from £10,000 per annum to £30,000 pa for all three units.
The property is arranged over 5 floors.
The accommodation has recently been refurbished, and would be suitable for service users who could utilise the large first floor accommodation.
Prominent, Refurbished City Centre Retail Unit.
Nearby occupiers include The Tyneside Cinema, Vicolo Bar and McColls.
Situated opposite the proposed ‘Stack’ shipping container box park
The property provides clear ground floor retail space from an entrance shared with the adjacent retail unit occupied by Nicky Jones Furniture & Interiors.
Ground floor retail unit in a period property
Popular and affluent village location
Clear retail area of 26.87 sq m (289 sq ft)
Asking rent £6,000 per annum (exclusive)
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