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Retail Unit To Let in Newcastle City Centre, 11-13 Clayton Street, Newcastle upon Tyne, NE1 5AN

£2,375 pcm
£28,500 pa

£30.03 per sq ft

Business rates & charges may apply

Sanderson Weatherall, Newcastle
SIZE AVAILABLE

949 sq ft

88 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
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Key features

  • City Centre Location
  • NIA: 949 sq ft (88.13 sq m)
  • Rent: £28,500 per annum
  • Subject to Contract

Description

The property comprises a traditional sandstone end terrace building dating back to approximately 1899 and is of Grade I listed status. The property adjoins the ever popular Grainger Market, one of Newcastle’s best loved historic sites which continues to provide the city with fresh and affordable produce.

11-13 Clayton Street provides a well configured retail sales area with a sizeable kitchen area at basement level. The unit benefits from having all main services connected, extraction system and of course return frontage facing directly onto both Clayton Street and Nelson Street. The glazed frontage also draws in copious amounts of natural light. The footfall levels in this location are consistent throughout on a daily basis with millions of customers passing the unit on an annual basis.

The Grainger Market is scheduled to undergo a multi-million pound redevelopment whereby Newcastle City Council are proposing to invest circa £2million into the redevelopment of the market on top of the £7million received from the Levelling Up Fund. The Grainger market is quoted as being the ‘Jewel in the crown’ of Newcastle’s historic retail offer and will only be seen as a huge positive to operators in and around the market.

The property is located on the east side of Clayton Street where it meets Nelson Street in the centre of Newcastle upon Tyne. The property lies within the heart of the City Centre within close proximity to Monument Metro, Central Station and Haymarket as well as having plentiful car parking available at The Gate, Pilgrim Street and Dean Street amongst others. The ever-popular Grainger Market sits directly adjacent providing a contrast of local operator retailing.

Occupiers in the immediate vicinity include Olive & Bean, Poundland, Tesco Express, Burger King, British Heart Foundation, The Alchemist, Black Sheep Coffee amongst numerous other national and local operators. Mowgli Street Food are also scheduled to open their doors soon at the former Café Royal site on Nelson Street which will increase footfall further in this location. The entrance to Eldon Square Shopping Centre also sits directly opposite the property providing direct access to St Andrews Way which accommodates occupiers such as Apple, Hollister, Mango, All Saints, H&M, New Look etc.

The premises is available by way of a Full Repairing and Insuring Lease for a term of years to be agreed at an asking rent of £28,500 per annum exclusive, subject to contract.

The accommodation comprises the following areas:

Brochures

Retail Unit To Let in Newcastle City Centre, 11-13 Clayton Street, Newcastle upon Tyne, NE1 5AN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St James Station0.3 miles
  • Newcastle Central Station0.3 miles
  • Manors Station0.4 miles

Notes

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Disclaimer - Property reference 195197-2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sanderson Weatherall, Newcastle. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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