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Marketed by
SU9B Monument Mall, Newcastle Upon Tyne, NE1 7AL
Use Class
E
Size
689 sq ft
Rent pa
£85,000
Market Sector
High Street Scheme
Key Features
PRIME RETAIL OPPORTUNITY
Description
The unit has frontage to Blackett Street and enjoys prominence in a run of exclusive occupiers which includes Rox, Reiss, Hugo Boss, Michael Kors and The White Company and Breitling whilst Goldsmiths, Reid and Sons, Omega and Hotel Chocolat are located in the immediate vicinity.
Location
Monument Mall is located at the junction of Northumberland Street and Blackett Street providing the 100% prime retailing pitch in Newcastle City Centre.
Adjacent retailers include Fenwick department store and Waterstones
with surrounding occupiers including Berry’s Jewellers, Hotel
Chocolat, Goldsmiths, Reid & Sons and The North Face.
Other retailers located on Northumberland Street include JD Sports, Flannels, WH Smith, Footasylum, Superdrug and M&S.
Bar and restaurant operators close by include Five Guys, TGI’s, Chaophraya and Banyan.
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
689 Sq.Ft
Accommodation is arranged on ground floor only
Financial
Lease Type
New Lease
Lease Term
A new lease effective Full Repairing and Insuring lease is available for a term to be agreed
Rent
Subject to contract, rental offers are invited in the region of £85000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Rates
We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown. Interested parties are advised to make their own enquiries to the Local Authority.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Service Charge
£2,509 pa
Tenure
Leasehold
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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