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Pravda 68-72 The Close

6,275 SF of Retail Space Available in Newcastle Upon Tyne NE1 3RF

Highlights

  • Prominent Location on Newcastle’s Quayside
  • Open Plan
  • Natural Light

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 6,275 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

The property forms a detached former bonded warehouse, constructed of brick with a series of pitched and flat roofs. The trading area within the unit is approximately 6,275 sq ft extending over three floors with exposed brickwork, iron beams and pillars. The entrance doors open onto a raised bar with accessible WC facilities. To the side of the property there is an opportunity to lease 4 parking spaces as well as an external area which could be developed into a smoking patio with access to the fire escape. Total Capacity 556.

  • Use Class: E
  • Space is an outparcel at this property
  • Kitchen
  • Common Parts WC Facilities
  • Approximately 6,275 sq f
  • Partial Fit out
  • Large front windows
Space Size Term Rental Rate Rent Type
Ground 6,275 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Fully Repairing & Insuring

Ground

Size
6,275 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

The property forms a detached former bonded warehouse, constructed of brick with a series of pitched and flat roofs. The trading area within the unit is approximately 6,275 sq ft extending over three floors with exposed brickwork, iron beams and pillars. The entrance doors open onto a raised bar with accessible WC facilities. To the side of the property there is an opportunity to lease 4 parking spaces as well as an external area which could be developed into a smoking patio with access to the fire escape. Total Capacity 556.

  • Use Class: E
  • Space is an outparcel at this property
  • Kitchen
  • Common Parts WC Facilities
  • Approximately 6,275 sq f
  • Partial Fit out
  • Large front windows

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS FOR 68-72 The Close , Newcastle Upon Tyne, TWR NE1 3RF

Property Type Retail
Property Subtype Storefront
Gross Leasable Area 8,918 SF
Year Built 1985
Parking Ratio 0.45/1,000 SF

About the Property

The property is located in a prominent location on Newcastle’s Iconic Quayside. The property benefits from good passing trade and communication links, with an abundance of local amenities in close proximity including, The Quayside walk way is also located to the south of the premises, providing access to a range of waterfront bars and restaurants. Newcastle City Centre is approximately a 10 minute walk away from the subject property offering excellent transport and road links both nationally and internationally, with its principal access routes via the A1(M), A19 and A69. Newcastle International Airport lies 7 miles north west of the City Centre with Sunderland located 14 miles to the south east.

  • Bus Line
  • Security System
  • Signage
  • Storage Space

Nearby Major Retailers

Hard Rock Cafe
Miller & Carter
Lloyds Bank
Zizzi
All Bar One
Las Iguanas
Barclays
The Co-operative Bank
Heron Foods
German Doner Kebab
  • Listing ID: 30025700

  • Date on Market: 2023-11-10

  • Last Updated:

  • Address: 68-72 The Close, Newcastle Upon Tyne NE1 3RF

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