High Street.

Newcastle.

91-97 Northumberland Street, NE1 7AG

Map View

Status.

Available

EPC.

A full report is available upon request.

Legal Costs.

Each party is to be responsible for their own legal costs incurred in this transaction.

Description.

The property is situated adjacent to M&S and opposite Primark, both high footfall generating occupiers. The property is also situated within a short distance from Newcastle and Northumbria Universities and a number of office developments, including the Pilgrim’s Quarter, which is set to open in 2027.

The property benefits from a prominent glazed frontage, under canopy, fronting Northumberland Street and is arranged over basement, ground and three upper floors. The ground floor is utilised as sales space, with basement ancillary. The upper floors are unutilised albeit are included within the lease demise.

Rent.

221844.55

Accommodation.

Ground Floor Sales 1,971 sq ft 183.18 sq m
Ground Floor Ancillary 238 sq ft 22.12 sq m
Basement Ancillary 2,320 sq ft 215.61 sq m
First Floor Ancillary 2,926 sq ft 271.93 sq m
Second Floor Ancillary 1,254 sq ft 116.54 sq m
Third Floor Ancillary 210 sq ft 19.52 sq m

Yield.

A net initial yield of 6.5%.

Share.

All viewings are strictly by prior appointment.

Will Civil.

Surveyor | Investment

Jonny Gooch.

Associate Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson