NEWCASTLE-UPON-TYNE, UNIT HF 11, INTU ELDON SQUARE

Location

Eldon Square is one of the UK’s largest shopping centres, anchored by John Lewis, Next, Fenwick and Debenhams with Marks and Spencer, Waitrose and Tesco, there are a total of 150 retail units across 1.4 million sqft.

Grey’s Quarter houses 20 restaurant units including Ask Italian, George’s Great British Kitchen, Smashburger, Tortilla, Crepe Affair, Tapas Revolution and The Alchemist on lower level. Bella Italia, TGI Friday’s, Chiquito, Frankie and Benny’s, Umai Mi and Chatime are located on the upper level, with Chaophraya on the roof terrace with access from upper level.

Eldon Square is served by a 942 car space in two multi storey car parks.

Description

A fully fitted* licenced restaurant opportunity on the upper level
of this popular food court. (*Includes large pizza oven)

Accommodation

1,750 sqft / 163 sqm

Tenure

The property is available by way of assignment of a lease expiring September 2030, with a tenant break in September 2025 at an annual rent being the greater of turnover rent
of 7% or base rent of £90,000 per annum exclusive.

Rateable Value

The current rateable value is £70,500.

Service Charge

Current service charge is £18,628 per annum.

EPC

Can be provided upon request.

Planning

Restaurant use.

Address:
Unit HF 11, Grey’s Quarter, intu Eldon Square, Newcastle-Upon-Tyne, NE1 7AP
£90,000 pa
Area
1750 sq ft

contact the agent

BSc (Hons) MRICS

Susan Harrison

Martin Herbert

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