The subject property is located at the top end of Clayton Street near to the prime leisure/retail pitches within the heart of the city centre benefitting from consistent footfall levels throughout the day. The premises lie in close proximity to Newcastle Central Station, The Gate Leisure complex and Newcastle’s principal retail destination known as Eldon Square. The former Newgate Shopping Centre has recently been redeveloped incorporating a 4 Star Maldron Hotel and 575 bed Unite Student accommodation on the upper floors with leisure opportunities at ground floor of which Junkyard Gold are scheduled to open in 2021. The new development sits directly opposite to the subject opportunity. Nearby occupiers include Heron Frozen Foods, Burger King, Nando’s, Tesco Express, Greggs and the O2 Academy along with numerous other national/local operators.
The subject property is Grade II listed and offers a spacious open plan retail sales area at ground floor level with ancillary internal storage, kitchen and WC facilities on the upper levels and basement. The property benefits from having a double fronted unit providing good levels of natural light and are secured via electric roller shutter doors internally. There is delivery access to the rear elevation via Newgate Street and a service/goods lift is available on each floor level.
