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28-34 Clayton Street, Newcastle Upon Tyne, NE1

£5,417 pcm
£65,000 pa

£26.22 per sq ft

Business rates & charges may apply

Youngs RPS Limited, Newcastle
SIZE AVAILABLE

2,479 sq ft

230 sq m

SECTOR

Shop to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Description

Retail premises in prime City centre location. Rent £65,000 per annum.

The property is a Grade II listed end of terrace unit with a stone-built façade. The property has single glazed timber framed windows, return frontage on Clayton Street and Newgate Street with the benefit of pedestrian access from each aspect.

Internally, the property is arranged over basement, ground and first floor levels which can all be used for sales, staff areas or storage with full ceiling heights. The unit is presented in a shell condition to allow for a range of uses for a tenant fit out.

Please note that there is no extraction system currently fitted, hot food uses will need to investigate the viability of installation.

Accommodation

We have measured the property as providing the following net internal areas:

Ground Floor
Sales: 86 sq m (928 sq ft)
Basement
Sales/Staff/Storage 74 sq m (800 sq ft)
First Floor
Sales: 70 sq m (751 sq ft)

TOTAL 230 sq m (2479 sq ft)

Services

Terms

Rates

The property is entered into the 2023 Rating List with a rateable value of £39,500.

Interested parties should make enquiries direct with the Local Authority to establish the actual rates payable.

VAT

The property is registered for VAT and, therefore, VAT will be payable on the rent.

Legal Costs

Each party is to bear their own legal costs.

Service Charge

Viewing

Strictly by appointment with the sole agents, YoungsRPS, contact or:

Stephanie Dixon:
Stephanie.


Cameron English:
Cameron.

Parking

Planning

PROPERTY

TENURE
The property is available to let for a term of years to be agreed on a fully repairing and insuring lease.

RENT
The property is available to let at a rent of £65,000 per annum, exclusive of business rates and payable quarterly in advance.

LOCAL AUTHORITY
Newcastle City Council, Civic Centre, Barras Bridge, Newcastle Upon Tyne, Tel: ).

ENERGY PERFORMANCE CERTIFICATE
The property is currently waiting for an EPC.

CODE OF PRACTICE FOR COMMERCIAL LEASES
The Code of Practice for Commercial Leases in England and Wales recommends parties intending to enter into leases should seek advice from professionals or lawyers at an early stage. The Code is available through professional institutions and trade associations or through the website

Brochures

28-34 Clayton Street, Newcastle Upon Tyne, NE1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newcastle Central Station0.2 miles
  • St James Station0.2 miles
  • Manors Station0.6 miles

About Youngs RPS Limited, Newcastle

23 Grey Street, NE1 6EE

We offer commercial property development, management, landlord & tenant, and valuation services. We pride ourselves in being local commercial surveyors and in our knowledge of the local market. Between the team, we have over 125 years of commercial property experience across the North of England. We work with our in-house rural, residential, and planning and development teams to bring you innovative results.

Notes

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Disclaimer - Property reference NEW240021_L. 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 Youngs RPS Limited, Newcastle. 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.

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