City Centre Retail Unit To Let at Arch 15

Arch 15, Forth Street, Newcastle upon Tyne, NE1 3NZ

680 sq ft

City Centre Retail/Office Unit To Let

Summary

Contemporary Business Unit
Size: 660 sq ft (63.17 sq m)
Rent: £16,600 per annum
Subject to Contract

Location

The property is situated on Forth Street only a short 2 minute walk from Central Station which has been the subject of significant investment extending the external and public realm areas with a programme of pedestrianisation in order to create a sense of arrival and a true gateway to the city centre. There are a variety of commercial uses in close proximity including Grade A office accommodation, bars & restaurants and retail establishments. Nearby occupiers include The Boiler Shop, The Pattern Shop, Four Points Hotel, Tokyo Bar, Nandos, Manhattan amongst numerous other national and local operators.

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Mainline Stations

Newcastle

4 mins
Manors

8 mins
Dunston

33 mins
MetroCentre

43 mins

Underground Station

Chesham

4426 mins
Amersham

4468 mins
Chalfont and Latimer

4483 mins
Broxbourne

4483 mins

Further Information

Rent £16,600 per annum

Rates Payable Upon Enquiry

Service Charge n/a

EPC Rating This property has been graded as C (66)

Description

The subject property offers a contemporary business unit benefitting from a double-glazed aluminium framed shop frontage facing directly onto Forth Street, internal electric roller shutter, strip lighting, hot water heater and WC facilities. The property is comprised over ground floor & mezzanine and sits at the end of terrace within the parade of arches in close proximity to The Telegraph Pub, Student Accommodation, Genting Casino and Roomz Aparthotel which benefit from consistent passing trade / footfall daily. Central Square North & South offices are situated on Orchard Street housing a number of high-profile companies that have large workforces which increases trade significantly in this location. The unit has also recently been fully refurbished to an excellent standard.

Terms

£16,600 per annum exclusive of VAT with terms to be agreed, subject to contract.

Available on The Arch Company’s standard tenancy agreement, typically 3 or 6 years subject to negotiation. All agreements will be granted outside Sections 24-28 of the Landlord & Tenant Act 1954 Part II. The Code of Practice on Commercial Leases in England & Wales strongly recommends that any tenant seeks professional advice before signing a business tenancy agreement. Other agreement types may be available.

Use/Planning

The property has consent for Sui Generis under the Town & Country Planning Use Classes Order as amended 1 September 2020.

Alternative uses may be considered subject to obtaining the necessary planning consent from the Local Planning Authority, Newcastle City Council.