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Marketed by
1 - 3 Gallowgate 1 - 3 Gallowgate, Newcastle Upon Tyne, NE1 4SG
Use Class
E
Size
1,137 sq ft
Rent pa
£27,500
Market Sector
High Street Scheme
Key Features
E Class Suitable for a variety of uses subject to consents
Located a 3 minute walk from St James’ Park Stadium and opposite Eldon Square Shopping Centre
Nearby occupies include Greggs, Costa, Subway, Next, and Premier Inn, amongst others
Description
Prominent unit on the junction of Gallowgate & Newgate Street/Percy Street
Arranged over ground floor with a non-tradable basement
Location
The unit sits on the junction of Gallowgate/Percy Street/Blackett Street and Newgate Street with a strong corner frontage. The area is a mix of students and professionals, with occupiers on the street including Muckle LLP, Brewin Dolphin, Ernst Young, Grainger PLC, and Turner & Townsend to name a few.
Close by is St James Metro Station, St James Park Stadium, Eldon Square Shopping Centre, and The Gate leisure complex, with occupiers like Budgens, Greggs, Subway, and Next in close proximity.
Key Information
Viewing
Strictly by appointment.
Legal
The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser’s funds will also be required.
Accommodation
1,137 Sq.Ft
Arranged over ground floor with a non-tradable basement
Financial
Lease Type
New Lease
Lease Term
A new effective Full Repairing & Insuring lease for a term to be agreed.
Rent
Subject to contract, rental offers are invited in the region of £27500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Service Charge
A service charge is payable to cover the costs of the maintenance of the exterior structure and common parts. This on an ad-hoc basis.
Tenure
Leasehold
Rates
Sustainability
Energy Performance Certificate
Disclamier
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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