Pilgrims Quarter, Pilgrim Street, Newcastle Upon Tyne, NE1

Location:
Pilgrim's Quarter is located in the heart of Newcastle City Centre on Pilgrim Street at its junction with Northumberland Street and Blackett Street.

The development will comprise of 468,500 sq ft of offices let to HMRC.

Planned works of re-surfacing and street furniture will enhance the location and provide an attractive public realm on Completion in 2025.

The Opportunity:
The development will include six new retail units located at ground floor which will be of interest to Financial Services, Retail and 'lite' Food and Beverage type uses.

Being within the prime retail core diagonally opposite the iconic Monument Mall and within the newest and largest development in the City Centre, the opportunity to secure representation is an exciting one.

Accommodation:

Unit 1 2,174 sq ft (202 sq m ) - Under Offer
Unit 2 1,227 sq ft (114 sq m)
Unit 3 2,067 sq ft (192 sq m)
Unit 4 1,345 sq ft (125 sq m)
Unit 5 2,583 sq ft (240 sq m)
Unit 6 990 sq ft (92 sq m)

Lease Terms:
The units are available by way of a new effectively full repairing and insuring lease for a term to be agreed incorporating 5 yearly rent reviews.

Rent:
From £32,500 to £110,000 per annum exclusive.

Service Charge:
Annual service charge TBC (estimated £3 per sq ft)

Business Rates:
Not yet assessed.