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Arch 9 Westgate Road
(Near Sleeperz Hotel)
Newcastle - NE1 1SE

Property Reference:NCL04802

Size:1,500 sq ft (139 sq m)

Town / City:Newcastle

Rent: £26,250 Per Annum + VAT

Monthly Rent: £2,188

Type:Retail, Leisure, Office

Available From:Immediately

Local Authority:Newcastle City Council

Deposit:£6562.50

Description:

Recently refurbished Business Unit. Fully glazed shop frontage with double glass entrance doors. Level concrete floor. New Roof and wall linings, new electrics, toilet & kitchenette, ready for incoming tenant to fit out to their own specification, subject to landlord approval.

Key Details:
  • Full Glass frontage
  • Double glass doors
  • Level concrete floor
  • Flexible terms
  • Close to new Hotel and Station
Other Information:

All applications to be made in writing to:- The Commercial Lettings Dept. Network Rail Property, 3A George Stephenson House, Toft Green, York, North Yorkshire, YO1 6JT.

Location Description:

Arch 9 can be found at the Castle Keep end of Westgate Road, beside the new Sleeperz Hotel. It is near the junction with Forth Street and close to the Herb Garden Pizza Restaurant.

Property Agreement:

Available on Network Rail Property's Solutions Tenancy Agreement.

The benefits of this are:
 
Rental payments can be made monthly by direct debit
Rent increases are applied annually and are aligned to the Retail Price Index (RPI).

Tenants are able to serve 3 months notice to end their tenancy

Solutions RPI: +1%

Insurance:

The tenant is to pay the sum of £403.50 per annum in respect of a contribution to insurance.

User Planning:

The premises are considered suitable for retail or office use (A1, A2). However, it is up to the ingoing tenant to ensure thier proposed use is compliant with planning regulations.  Network Rail are happy to consider any suitable use for these premises.

Business Rates:

Payable by the tenant, please contact the local authority for details.

Service Charge:

A Service Charge is currently under consideration for this property.

Maintenance:

The tenant will be responsible for all repairs and maintenance under a full commercial FRI tenancy agreement. However, this does not include the viaduct structure.

Costs:

Tenant to contribute £395.00 + VAT towards the documentation and administration.

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