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sw.co.uk9-17 Collingwood Street Newcastle upon Tyne NE1 1HE
TO LETCITY CENTRE LEISURE OPPORTUNITY
9-17 Collingwood Street Newcastle upon Tyne NE1 1HE
Location
The property is situated on Collingwood Street only 2 minute’s walk from Central Station which has been the subject of significant investment refitting and 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 number of Hotels in the immediate vicinity which include Hampton by Hilton, Sleeperz, Grey Street Hotel, Royal Station Hotel, County Hotel, Hotel Indigo and the Vermont Hotel.
The subject property sits within the heart of the Collingwood leisure quarter where restaurants and bar operators including Revolution, Tokyo, Jalou, Madame Koos, House of Smith, Perdu, Head of Steam and Floritas are all represent.
Collingwood Street is situated between Grey Street where All Bar One, Las Iguanas, Byron Burgers, Decanthus, Bar Luga and Harry’s Bar are located and the regenerated Quayside which is a popular hotel location including the Copthorne, Hilton, Premier Inn, Easy Hotel and Travelodge.
Description
The property is a Grade II listed former bank hall and offices previously occupied by Aliied Irish Bank offering an opportunity to a leisure operator to acquire one of the most prestigious positions within the city centre in a building full of character throughout.
The ground floor provides a very spacious floor plate accompanied with good levels of natural light and floor to ceiling heights internally. The property is within the heart of Grainger Town Conservation Area and Newcastle is famed for the quality of its nightlife and a range of restaurants within the city. The property is in good company adjacent to numerous leisure operators on Newcastle’s famous ‘Diamond Strip’.
The Landlord is proposing to convert the upper parts of the property to luxury residential apartments with a view to seeking a suitable leisure operator to occupy ground, basement and mezzanine levels.
Lease Terms
Rent available upon application.
The property is available on an effective full repairing and insuring lease for a term of years to be agreed subject to contract.
City Centre Leisure Opportunity
Rent upon application
In the heart of Newcastle’s prime leisure district
A3 planning consent
Subject to Contract
Accommodation
We understand that the accommodation provides the following approximate net internal floor areas:-
Business Rates
The property is currently listed within the 2017 Rating List as follows:-
9-17 Collingwood Street, Newcastle RV £83,500
Interested parties should verify the accuracy of this information and rates payable with the Local Rating
Authority, Newcastle City Council.
VAT
All rents quoted are deemed exclusive of VAT.
Legal Costs
Each party is to be responsible for their own legal costs incurred throughout any transaction.
Energy Performance Certificate
The EPC assessment for the property is 95, certificate number 9990-1964-0325-6380-5050. A copy of the certificate and accompanying recommendation report is available upon request.
Services
We understand that all mains services are connected to the property however any interested party should make their own investigations with regard to this matter.
Planning
The property currently has consent for A3/A4 at ground and mezzanine with associated kitchens, storage and plant at basement level.
Reference No: 2017/0212/01/DET Alternative Reference: PP-05598919
9-17 Collingwood Street Newcastle upon Tyne NE1 1HE
Description Sq m Sq ft
Ground Floor 356 3,832
Mezzanine 246 2,648
Basement 171 1,840
Total NIA 773 8,320
9-17 Collingwood Street Newcastle upon Tyne NE1 1HE
Basement Floor Plan
9-17 Collingwood Street Newcastle upon Tyne NE1 1HE
9-17 Collingwood Street Newcastle upon Tyne NE1 1HE
Misrepresentation Act 1967: Messrs Sanderson Weatherall LLP for itself and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1) These
particulars do not constitute any part of an offer or contract; 2) None of the statements contained in these particulars as to the properties are to be relied on as statements of
representations of fact; 3) Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars;
4) The vendor(s) or lessor(s) do not ake or give and neither Messrs Sanderson Weatherall LLP nor any person in their employment has any authority to make or give any
representation or warranty whatsoever in relation to this property; 5) None of the building’s services or service installations (whether these be the specific responsibility of the
freeholder, lessor or lessee) have been tested and are not warranted to be in working order. Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of
VAT. Consumer Protection from Unfair Trading Regulations 2008 and Business Protection from Misleading Marketing Regulations 2008; Every reasonable effort has been made by
Sanderson Weatherall to ensure accuracy and to check the facts contained in these particulars are complete. Interested parties are strongly advised to take appropriate steps to
verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice.
Sanderson Weatherall LLP Registered in England company number OC 344 770 Registered Office 6th floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL
sw.co.uk
Strictly by prior appointment with the agents:
Mark Convery
0191 269 0103
Kevin McGorie
0191 269 0174
Sanderson WeatherallCentral Square South
Orchard StreetNewcastle upon Tyne
NE1 3AZ
November 2019