City Centre Retail Unit To Let at Arch 12, Arch 12, Forth Banks, Newcastle upon Tyne, NE1 3NZ

The subject property offers a contemporary business unit benefitting from a double glazed aluminium framed shop frontage facing directly onto Forth Street, internal electric roller shutter, strip lighting, hot water heater and WC facilities. The property is comprised over ground floor & mezzanine and sits within the parade of arches and opposite The Telegraph Pub, Student Accommodation, Genting Casino and Roomz Aparthotel which benefit from consistent passing trade/footfall daily. Central Square North & South offices are situated on Orchard Street housing a number of high profile companies that have large workforces which increases trade significantly in this location. The unit has also recently been fully refurbished to an excellent standard.

The property is situated on Forth Street only a short 2 minute walk from Central Station which has been the subject of significant investment extending the external and public realm areas with a programme of pedestrianisation in order to create a sense of arrival and a true gateway to the city centre. There are a variety of commercial uses in close proximity including Grade A office accommodation, bars & restaurants and retail establishments. Nearby occupiers include The Boiler Shop, The Pattern Shop, Sleeperz Hotel, Tokyo Bar, Nandos, Manhattan amongst numerous other national and local operators.

£15,500 per annum exclusive of VAT with terms to be agreed, subject to contract.

Available on The Arch Company’s standard tenancy agreement, typically 3 or 6 years subject to negotiation. All agreements will be granted outside Sections 24-28 of the Landlord & Tenant Act 1954 Part II. The Code of Practice on Commercial Leases in England & Wales strongly recommends that any tenant seeks professional advice before signing a business tenancy agreement. Other agreement types may be available.