Property Information
Address:
36-40 Clayton Street, Newcastle
, NE1 5PF
Price: Property no longer available.
Size: 8363 sq ft776 sqm
Primary Category: Shop
All Categories:
Leisure, Shop,
Property Ref/Movehut: MH287944
Property Ref/Agent: Newcastle, 36-40 Clayton Street & 57-61 Newgate Street
*Please use the agent ref when calling the agent directly.
Property description
LOCATION
The most prominent location on Newgate Street/Clayton Street on the south west corner at the junction of the two thoroughfares. Opposite Debenhams/Eldon Square and within 100 yards of the Gate. Good nearby parking.
DESCRIPTION / ACCOMMODATION
Arranged over 5 floors, the property would prove suitable for a wide range of users including A1 and A3 (subject to consent), whilst the upper floors have scope for conversion to residential/student living. Clearly, the upper floors could be extended to provide for full cover at all levels.
The property is arranged so as to provide the following:
Basement Storage 1,345 sq ft (124.95 sq m)
Ground Floor Sales 2,439 sq ft (226.59 sq m)
First Floor Sales 1,993 sq ft (185.16 sq m)
Second Floor 1,700 sq ft (157.94 sq m)
Third Floor 686 sq ft (63.73 sq m)
Fourth Floor 200 sq ft (18.58 sq m)
Total 8,363 sq ft (776.95 sq m)
RENT
Rental offers in excess of £90,000 per annum exclusive are sought for the ground and basement only, whilst consideration will also be given to a sale of the upper parts on a long leasehold basis.
RATEABLE VALUE
We understand that the premises have a rateable value of £58,000.
Applicants are advised to verify this information directly with the Local Assessors Department.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in connection with this transaction.
EPC
The landlord holds a current EPC. Further information available on request.
VAT
Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT).
;