Retail Unit To Let in Shieldfield (34), 34 Wretham Place, Newcastle upon Tyne, NE2 1XU

The subject property provides a mid-terrace self-contained retail unit at ground floor level with frontage facing directly onto Wretham Place. The unit offers a spacious open plan sales area to the front elevation with kitchen, internal storage, and WC facilities to the rear. The retail unit benefits from single phase electricity supply, wet led radiator system functional via gas combi boiler, solid concrete floor throughout, suspended ceiling and an electric roller shutter door for additional security. There is also a reasonable sized yard to the rear and on-street parking to the front elevation which is predominantly permit parking only for residents however there is a one hour no return within 6 hours parking policy implemented for customers. The property also has level access providing DDA compliance.

The unit does have the ability to be amalgamated with the adjacent unit in order to create a larger floor plate dependant upon occupier requirements.

The subject property is located in an area known as Shieldfield which is situated to the east of Newcastle City Centre, north of New Bridge Street and east of the A167 Central Motorway. Shieldfield is predominantly a residential location very popular with students and young professionals. The area is becoming increasingly popular for student residencies with Northumbria University being only a short 2 minute walking distance from Wretham Place, Shieldfield. The area is quite cosmopolitan in nature and would suit a variety of businesses looking for an affordable retail unit on the outskirts of the city centre.

The property is positioned within the main retail parade in Shieldfield and benefits from good communication links with Manor Walks Metro Station and a variety of bus links serving the area which are all in close proximity. Most adjacent/surrounding operators are predominantly local which provides an excellent community atmosphere.

The property is available by way of a Full Repairing and Insuring (FRI) Lease for a term of years to be agreed at an asking rent of £8,500 per annum (approx. £163 per week) exclusive of VAT, subject to contract.