Retail Units To Let

 

Summary

  • Retail Units
  • Unit sizes range between 85 sq ft to 1,500 sq ft
  • Flexible Lease Terms Available
  • Subject to Contract

Location

The Grainger Market occupies a central position at the core of Newcastle City Centre. Renowned as a longstanding destination for shopping, dining and social interaction, the market provides businesses with the opportunity to trade within a lively and welcoming environment that attracts a broad customer base, including residents, office workers, students and tourists.

Benefitting from its city centre setting, the market is surrounded by Newcastle's extensive retail, leisure and business districts, helping to generate strong levels of pedestrian activity throughout the week. The unique mix of independent traders and local operators fosters a distinctive sense of community and contributes to the market's energetic and characterful atmosphere.

Accessibility is excellent, with Newcastle Central Station located nearby, providing regional and national rail connections. The city's Metro network is easily accessed via nearby stations including Monument, Haymarket and Central Station, whilst numerous bus services operate throughout the city centre. Convenient access to the A167(M), A1 and surrounding road network further enhances connectivity. The combination of a highly accessible location established trading environment and vibrant setting makes the market an attractive destination for a wide range of occupiers.

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Further Information

Rent £5,200 - £24,059 per annum

Rates Payable Upon Enquiry

EPC Rating This property has been set as EPC exempt.
Reason: Listed building


Description

The Grainger Market is a landmark covered market, occupying a striking Grade I Listed Victorian building at the heart of Newcastle City Centre. Home to more than 100 independent businesses, the market offers a unique mix of retail, food, drink and service operators, attracting a diverse and loyal customer base throughout the week.

A number of well-established occupiers are based within the market, including Meat Stack, Acropolis, Snackwallah, North Shore Coffee, Pumphrey’s Tender Hooligan, Bao Down and one of the original Marks & Spencer’s amongst numerous others, which help to create a lively and distinctive trading environment. The combination of historic character, independent enterprise and strong visitor appeal has cemented the Grainger Market's reputation as one of Newcastle's premier shopping and food destinations.

Terms

The market units are available to let on a 3-year fixed term tenancy incorporating a rolling 6 monthly mutual break option, subject to contract. The leases are to be excluded from the Landlord & Tenant 1954 Act Security of Tenure Provisions (Sections 24 to 28).