8-16 Nun Street, Newcastle Upon Tyne, NE1

Location:
Fronting both Nun Street and Newgate Street, the premises is located in a central city centre location, being a short walk from Newcastle Central Train Station, and situated in close proximity to Eldon Square Shopping Centre and The Gate Leisure scheme within the heart of the city's retail and leisure pitch.

Other nearby landmarks include The Grainger Market, Bigg Market and Grey's Monument.

Accommodation:
The property comprises a former department store most recently occupied by Wilko.

The building offers two shopper entrances off both Nun Street and Newgate Street. Internally, there is 1 no. passenger lift, escalators connecting the upper sales floors, and 2 no. goods lifts.

Demise:
Ground Floor Sales 14,768sq.ft. 1,372sq.m.
Basement Floor 922sq.ft. 86sq.m.
First Floor Sales 14,540sq.ft. 1,350sq.m.
Second Floor Sales 9,190sq.ft. 854sq.m.
Second Floor Mezzanine 2,590sq.ft. 240sq.m.
Third Floor Warehouse 6,245sq.ft. 580sq.m.
Fourth Floor Eaves 2,017sq.ft. 187sq.m.

Rent:
Upon application.

Tenure:
Subject to formal vacant possession, a new lease is available for a term of years to be agreed.

Planning Permission:
The building is located within the Newcastle Central Conservation Area and the Nun Street elevation is subject to a Grade II listing.

Business Rates:
The premises currently has a rateable value of £425,000. For further details visit Gov.uk or contact the business rates department at the local authority.

EPC:
Energy Performance Asset Rating - Available on request.

Legal Costs:
Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT:
Unless otherwise stated, all prices/rents are quoted exclusive of VAT.

Date Prepared:
September 2023

Subject to Contract
Without Prejudice