Unit B, 117 Newgate Street, Newcastle Upon Tyne

£6,667

Size

4,308

Lease length

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EPC

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Parking

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Price per
£18.57 pa
Primary use
Restaurant
Other use(s)
Bar or nightclub, Café, Other leisure, Restaurant

No floor / site plan

Key features

  • Former Bar/Restaurant
  • Situated within the iconic Grade II art deco former Coop Department Store
  • Occupiers also include Premier Inn, The Gym Group and Turtle Bay
  • Prominent high street position
  • Situated adjacent to The Gate Leisure complex where Cineworld, Ballys Casino and Lane 7 are situated
  • Rent - £80,000 pax
  • Ground floor - 4,308 sq ft
  • New eFRI lease available (term to be agreed)
  • RV - £70,000
  • Please see brochure for full details

Description

Location & Description:
Situated within the iconic Grade II art deco former Coop department store, the unit is prominently located within the city’s western leisure core.

Other occupiers include 184 bed Premier Inn, The Gym Group, Turtle Bay, Zaap Thai and Mulligans.

The building sits adjacent to The Gate Leisure complex which houses a 16-screen Cineworld, Ballys Casino and Lane 7, together with a number of F&B operators, and directly opposite Eldon Square Shopping Centre and the entrance to the new 60,000 sq. ft rooftop
entertainment destination Freight Island, opened June 2026.

Demise:
Ground Floor 4,308 sq ft (400.2 sq m)

Rent:
£80,000 per annum exclusive.

Lease:
A new eFRI lease for a term of years to be agreed.

Service Charge:
On-account service charge for the current period is £3,140 pax.

EPC:
Energy Performance Rating - B.

Legal and Professional Fees:
Each party to pay their own costs incurred in the transaction.

VAT:
All figures quoted are exclusive of VAT and other charges where applicable.

Rating Assessment:
Rateable Value (April 2026) - £70,000
Rates Payable (2026/27) - £31,100

Viewing:
Strictly by appointment via the Agents.

MONEY LAUNDERING REGULATIONS In accordance with the Anti Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
Additional information
Let type
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Let contract length
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Rent obligation
Fully repairing and insuring
Status
Available
Service charge
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Business rates
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Use class
E
Floors in building
1
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Unit B, 117 Newgate Street, Newcastle Upon Tyne

NEAREST STATIONS

London DLR

St James Station

0.14 miles

National Rail
London Tram

Newcastle Central Station

0.31 miles

National Rail
London Tram

Manors Station

0.54 miles

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Disclaimer - Property reference Unit_B_117_Newgate_Street. 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 BARKER PROUDLOVE LIMITED, Leeds. 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.