Prime City Centre Retail/Office To Let, 5-7 Collingwood Street, Newcastle upon Tyne, NE1 1JE

The subject property comprises an attractive mid-terrace period property, dating back to the late 19th century, forming part of the historic streetscape of Collingwood Street within Newcastle’s Grainger Town conservation area. The building is arranged over ground floor and basement levels for commercial use, with upper floors in separate occupation.

The property benefits from a traditional masonry construction with a stone façade, large display windows and two prominent independent entrance doors to the front elevation. These dual access points provide excellent flexibility and give the premises the potential to be subdivided into two self-contained units, if required, subject to design and statutory approvals.

Internally, the accommodation is configured to provide a largely open-plan trading area at ground floor level, with good ceiling height, a regular floorplate and scope for reconfiguration depending on an occupier’s operational needs. The basement offers additional storage, ancillary or staff accommodation, accessed via an internal staircase.

The premises would suit a wide variety of commercial uses including retail, leisure, food and beverage, professional services and health and wellbeing, subject to securing the necessary planning permissions and any associated consents. The strong frontage, central location and adaptable layout allow incoming occupiers to tailor the space to suit their requirements.

5–7 Collingwood Street occupies a highly prominent position within the heart of Newcastle City Centre, situated on one of the city’s most established commercial streets. Collingwood Street forms an important connection between Newcastle Central Station and the prime retail and leisure core surrounding Grey Street, Grainger Street and Collingwood Street’s historic “Diamond Strip”. This central position ensures consistently strong pedestrian activity throughout the day and evening.

The immediate environment comprises a blend of office headquarters, professional services, boutique leisure operators, bars, restaurants and high quality period buildings, creating a vibrant mixed-use destination that attracts office workers, commuters, visitors and the local student and residential population.

Newcastle upon Tyne is located in the North East of England and has an urban area population of some 190,000 persons. Newcastle is principally accessed via the A1, A19 and A69. Newcastle Airport, 7 miles North West of the City Centre, provides international and domestic services. Sunderland is located 14 miles to the South East, South Shields 14 miles to the east and Carlisle 58 miles to the west.

Rent available upon application.

A new lease is available on a Full Repairing & Insuring basis for a term of years to be agreed, subject to contract.

We understand that the property has consent for E Use Class under the Town & Country Planning Use Classes Order as amended 1 September 2020.

Alternative uses may be considered subject to obtaining the necessary planning consent from the Local Planning Authority (Newcastle City Council).