16 Wretham Place, Shieldfield, Newcastle upon Tyne, NE2 1XU

The property provides a mid-terrace self-contained retail unit at ground floor level. 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, 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.

The subject property is located in an area known as Shieldfield which is situated to the east of Newcastle City, 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 excellet community atmosphere.

The property is available by way of a Full Repairing and Insuring lease for a term of years to be agreed at an asking rent of £8,500 per annum (approx. £164 per week) exclusive of VAT, subject to contract.

We understand that the property has consent for Sui Generis 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).