Restaurant/cafe to let in Restaurant Opportunity To Let In Newcastle, Stockbridge House, Newcastle Upon Tyne NE1

Key Points

Description

The subject leisure opportunity forms part of Stockbridge House which comprises a mixed-use building of portal steel framed construction with brick elevations dating back to circa 2006 build. The property provides a ground floor restaurant formerly occupied by Piccolino’s which offers a spacious elongated open plan layout internally with kitchen and WC facilities. The property’s main attraction is the arched aluminium framed frontage with full floor to ceiling glazing which provides copious amounts of natural light to enter internally. The immediate vicinity is built of mainly Grade A office supply along with numerous well established leisure venues.

Stockbridge House provides a 5 storey multi-storey car park situated directly above the unit which can accommodate up to approximately 408 vehicles daily with office accommodation on the top floor level. There is also numerous transport links available only a short walking distance from the venue via metro, rail or bus. Commercial opportunities situated on the Quayside are currently in high demand and even more so now with the plans that Sage has to deliver a 12,500 capacity international arena, exhibition and conference centre which is estimated to attract circa 1 Million annual visitors to events accompanied with creating 2,000 new jobs in the area. The proposed development is on the Gateshead side of The River Tyne only a short walking distance from the subject property.

Location

Newcastle upon Tyne is located in the North East of England and has an urban area population of some 190,000 persons. Newcastle is principally accessed via the A1, A19 and A69. Newcastle Airport, 7 miles North West of the City Centre, provides international and domestic services. Sunderland is located 14 miles to the South East, South Shields 14 miles to the east and Carlisle 58 miles to the west.

The property is situated on Pandon Bankside as part of the Trinity Gardens development located centrally on Newcastle Quayside. The property forms part of Stockbridge House which occupies a prime position in the heart of Newcastle’s Quayside, a short walking distance from the Magistrates Court. The ever-popular Quayside is home to many retail, leisure and office operators benefitting from the iconic views of the River Tyne, Millennium Bridge, Tyne Bridge, The Glass House (Sage) and the Baltic Flour Mill.

Occupiers in the immediate vicinity include Silk Room, Café 21, Broad Chare, Head of Steam, Slug & Lettuce, Hard Rock Café, Aveika, Pitcher & Piano, Tomahawk Steakhouse amongst numerous other national and regional operators.