18-20 Ridley Place Newcastle Upon Tyne, NE1 8JN

To Let
18-20 Ridley Place, Newcastle Upon Tyne - Picture 2024-05-03-15-31-26

Agents

AT Retail Ltd logo

AT Retail Ltd

Pete Townsend

Use Class

Use Class

E

Size

Size

780 - 1,184 sq ft

Rent pa

Rent pa

£29,500

Key Features

  • Ground floor and basement unit with E Class consent.

  • Close proximity to Newcastle and Northumbria University, Haymarket Metro Station, and Northumberland Street.

  • Nearby occupiers include The Little Dumpling House, Zapatista, Subway, Dough Daze, Hays Travel, Wildes Hair and Virgin Money.

Description

REDUCED RENT and INCENTIVES AVAILABLE

The unit is situated centrally on Ridley Place which connects with the northern end of prime Northumberland Street and is in close proximity to both Newcastle and Northumbria Universities. Haymarket Metro Station is 150m west of the unit.

Ridley Place has seen significant improvements due to council investment in 2023. Local businesses provided valuable input, resulting in the addition of murals, artwork, new paving, and enhancements to the public realm. Notably, a pocket park was created.

Accommodation

780 - 1,184 Sq.Ft

Arranged over ground floor and basement, with rear courtyard and bin stores.

Areas
Sq.Ft
Sq.M
Ground Floor Area
1,184
110
Basement Area
780
72.5

Financial

Lease Type

New Lease

Lease Term

The premises is available on a new effectively fully repairing and insuring lease at a commencing rent of £29,500 per annum exclusive for a term to be determined.

Rent

Subject to contract, rental offers are invited in the region of £29500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Costs

Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.

Business Rates

Rateable Value £25,250 2024/2025 UBR £0.499 Estimated Rates Payable £12,599 Estimated Rates Payable with Relief £4,199. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

Rates

Rateable Year:
2024
Rateable Value:
£25,250.00
Rates payable:
£12,599.00
UBR:
49.9p/£

Sustainability

Energy Performance Certificate

47

Energy Performance Certificate Information

The premises has an EPC of B 47. Full certificates available on request.

Misrepresentation Notice

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.

All data ©2024 Completely Property Technology Limited

This was last updated on 01/10/2024