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The Assembly Rooms Fenkle St
11,517 - 26,069 SF of Retail Space Available in Newcastle Upon Tyne NE1 5XU
Highlights
- Landmark Property within the Heart of Newcastle City Centre
- Accessible via public transport
- Grade II Listed Georgian Building
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 11,517 SF | Negotiable | $23.59 CAD/SF/YR $1.97 CAD/SF/MO $253.97 CAD/m²/YR $21.16 CAD/m²/MO $22,645 CAD/MO $271,737 CAD/YR | Fully Repairing & Insuring | ||
| 1st Floor | 14,552 SF | Negotiable | $24.90 CAD/SF/YR $2.07 CAD/SF/MO $268.00 CAD/m²/YR $22.33 CAD/m²/MO $30,193 CAD/MO $362,316 CAD/YR | Fully Repairing & Insuring |
Ground
The ground floor and upper floors have two separate premises licences in place until 4am which provides a very rare opportunity in the market with no alternative opportunities currently offering this type of license. Also, the external forecourt to the front elevation also has a 4am license comprising circa 5,300 sq ft.
- Use Class: E
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 26,069 SF of adjacent space
- Kitchen
- Private Restrooms
- Secure Storage
- Office space
- Storage room
- Multiple size suites
1st Floor
Assembly Rooms function suites to the upper parts hosting corporate functions, banquets and conferences. The upper parts can accommodate up to a capacity of circa 450 guests.
- Use Class: E
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 26,069 SF of adjacent space
- Kitchen
- Private Restrooms
- Secure Storage
- Office space
- Storage room
- Multiple size suites
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 Fenkle St , Newcastle Upon Tyne, TWR NE1 5XU
| Property Type | Retail | Gross Leasable Area | 32,389 SF |
| Property Subtype | Bar | Year Built | 1789 |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 32,389 SF |
| Year Built | 1789 |
About the Property
Assembly Rooms function suites to the upper parts hosting corporate functions, banquets and conferences. The upper parts can accommodate up to a capacity of circa 450 guests. The ground floor and upper floors have two separate premises licences in place until 4am which provides a very rare opportunity in the market with no alternative opportunities currently offering this type of license. Also, the external forecourt to the front elevation also has a 4am license comprising circa 5,300 sq ft.
- 24 Hour Access
- Food Court
- Restaurant
- Accent Lighting
- Air Conditioning
Nearby Major Retailers
-
Mark Convery -
Kevin McGorie -
Sanderson Weatherall LLP
Presented by
The Assembly Rooms | Fenkle St
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