Unit B, 117 Newgate Street, Newcastle Upon Tyne

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.