The property is two storey mid terraced unit with a pitched slate roof. The ground floor provides retail space with ancillary facilities to the rear. The first floor provides further storage and a kitchen. The unit could be suitable for a variety of uses subject to planning.
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INVESTMENT OPPORTUNITY – The freehold is available to purchase together with the neighbouring retail unit trading as Yazz, which is let on a lease at £10,400 per annum until 24th March 2025 – asking price on application.
The property comprises a first floor former hair salon in a terraced row of retail units immediately above Olivers restaurant. The premises mainly comprises an open plan sales/office space alongside a centrally located kitchen and toilet.
This is a multi-purpose city centre space suitable for a variety of uses
With a floor area of approximately 16,275 sq ft split into a number of distinctive sections including two former church halls with ceiling heights in excess of 10m and a very large three bedroom flat
The property is located on the campus of Northumbria University sharing a green / courtyard with The Wynne Jones Building (lecture theatres), Picton Manor (student accommodation, restaurant & offices) and MEA House (office accommodation)
It is centrally located in Newcastle upon Tyne, just off the Central Motorway (A167) with a car park immediately to the rear on Ellison Place for 119 cars
Only a short walk from Northumberland Street, Newcastle’s prime retail pitch as well as Manors and Haymarket Metro stations
The property is Grade II Listed
Our client is seeking JV Partners or may consider an outright sale
Prominently positioned on Front Street
Other nearby retailers including Greggs, Boots and Halifax
Total ground floor area of approximately 1,761 sq ft (163 sq m)
Attractive four storey building with stone front elevation under a slate pitched roof
Offers of £37,500 per annum are sought for the ground floor retail area. All other terms to be agreed
The available premises are situated on the first floor of this brick built 4 storey building. The floor is accessed from a ground floor staircase. The floor is currently laid out as a series of cellular offices however the space has planning use for any of A1, A3, B1 and D1 use classes.
Unit 1 comprising the ground ﬂoor of the original bank has planning permission for Class A3 (restaurant and café)/A5 (hot takeaway food) usage with ﬂoor area of approximately 132.76 sq m (1,429 sq ft).
Unit 2 comprises the new glass box extension overlooking the River Pont which also has Class A3 / A5
The first ﬂoor, with independent access from Darras Road, has planning permission for a spacious 3 bedroom apartment over two ﬂoors. The upper ﬂoors can also be retained as office accommodation if desired.
Alternatively, the whole building, including all three sections can be occupied by a single tenant.
Excellent City Centre Location overlooking St James Boulevard, close to Hadrian’s Tower, Newcastle College, Discovery Museum, Centre For Life and only a a short walk to Central Station.
The property is currently being refurbished to provide modern retail units and office accommodation across the three levels. The units could be suitable for a variety of uses subject to gaining the relevant planning permission.
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