The Exchange, Prudhoe Chare, Northumberland St, Newcastle upon Tyne, NE1 7AT
Size
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Tenure
Leasehold
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Parking
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- Primary use
- Bar or nightclub
No floor / site plan
Key features
- Prime City Centre Location
- Free of Tie
- Turn Key and Well presented throughout
- Strong Operator Potential
- Annual Rent £55,000
- Fully Licensed | EPC Rating C
- Annual rent: £55,000
- Christie & Co Ref: 6450585
Description
The Exchange is a unique and characterful basement venue accessed via Prudhoe Chare, historically operated as a speakeasy-style bar and restaurant.
The site is highly adaptable and can be reimagined to suit a range of leisure, hospitality, entertainment or experiential concepts.
The Exchange occupies a prominent position on Prudhoe Chare, directly off Northumberland Street, Newcastle’s busiest pedestrianised shopping thoroughfare.
The site sits immediately adjacent to Eldon Square Shopping Centre, benefiting from exceptionally high footfall generated by national retailers, transport links, and leisure destinations in the city centre.
This central location is further enhanced by its proximity to both Haymarket and Monument Metro Stations and Newcastle’s core retail and F&B circuit, making it an ideal opportunity for operators seeking visibility.
The Exchange offers a distinctive, characterful interior that’s ready-made for a bar, restaurant, or leisure operator.
Guests enter via a stairway featuring light brick walls.
The central bar features a rustic timber frontage, exposed brickwork, and backlighting, creating a strong focal point. There is ample room for seated guests and standing groups.
In addition, there are secondary seating zones and raised areas, for approx c.45 guests.
Ancillary areas include a fully fitted commercial kitchen, customer wc's, cellar and storage facilities.
The Exchange represents a highly desirable and distinctive leasing opportunity in the heart of Newcastle upon Tyne.
Its combination of location, character and flexibility makes it suitable for an ambitious operator seeking to establish a flagship presence in one of the North East’s strongest commercial environments.
The site lends itself to a wide range of hospitality uses whether food‑led, drink‑led, a café, coffee shop, or leisure & experience‑based operators.
The Exchange is available on a Free‑of‑Tie Leasehold basis.
Business RatesThe Rateable Value is £31,500 with effect from 1 April 2026. Confirmation of actual business rates payable should be obtained from the Local Authority.
RegulatoryPremises License
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- Yes
- Tenure
- Leasehold
- Length of lease
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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The Exchange, Prudhoe Chare, Northumberland St, Newcastle upon Tyne, NE1 7AT
We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.
If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.
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We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.
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Disclaimer - Property reference 6450585-lh. 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 Christie Owen & Davies Ltd, Pubs & Restaurants. 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.






