Northumberland Retail Park

Northumberland Retail Park

  • Retail / Leisure
  • 5000 - 70000 Sq. ft (464.5 - 6503.2 Sq. M)
  • POA

Northumberland Retail Park offers retail and leisure opportunities within an established and desirable residential area strategically located adjacent the A19 at the Holystone roundabout, North Tyneside. The Silverlink Shopping Park, Cobalt Business Park and the Tyne Tunnel are located 2 miles south of the site.  The site location provides excellent links to Tyne & Wear, Northumberland and the national road network. 

Construction is complete for a Costa Drive-thru and Aldi Food store, with terms agreed for c.50,000 sq.ft. of phase 2 retail/leisure development, which will complement the existing Northumberland Park retail parade anchored by Sainsburys, as well as the Toby Carvery and Pavilion eateries. The Retail Park has ample car parking totaling 361 bays.

The units will constructed to shell specification and capable of being combined.  There is additional scope to install mezzanine floors. 

Aerial Video - https://vimeo.com/291584343/d1e571250f

Location

553,880 million people live within 15 minutes drive time of the site and 59,860 households within a 10 minute catchment. 900 new homes are currently under construction in the immediate area and a further 2000 planned west of the A19.

The immediate area benefits from an excellent Railway link to Newcastle with Northumberland Park Metro Station and bus interchange with over 300,000 passengers using this station each year and ample car parking spaces.

 

2018.07 Proposed Site Plan.jpg

Rent & Accommodation

Unit

Size (Gross Internal Area)

Rent per annum

Unit 1 Non-Food Retail

767.93 sq.m. (8,266 sq.ft.) + potential 618.91 sq.m (6,662 sq.ft.)

On application

Unit 2 Non-Food Retail

767.93 sq.m. (8,266 sq.ft.) + potential 618.91 sq.m (6,662 sq.ft.)

On application

Unit 3 Non-Food Retail

767.93 sq.m. (8,266 sq.ft.) + potential 618.91 sq.m (6,662 sq.ft.)

On application

Unit 4 Non-Food Retail

767.93 sq.m. (8,266 sq.ft.) + potential 618.91 sq.m (6,662 sq.ft.)

On application

Unit 5 Non-Food Retail

2,227.98 sq.m. (23,982 sq.ft.)

Under offer

FF Leisure

2,411.09 sq.m. (25,953 sq.ft.)

Under offer

Pod

207 sq. m. (2225 sq. ft)

On application

Lease Terms

A new effectively full repairing and insuring lease for a term of years to be agreed.

Service Charge

A service charge is payable in addition to principle rent.

Business Rates

Interested parties should make their own enquiries direct from the relevant local authority. 

VAT

All quoted figures are exclusive of VAT where chargeable.

Legal Costs

Each party will be responsible for their own legal costs incurred in connection with any transaction.

Viewings

Strictly by appointment through The Northumberland Estates or its appointed agents.

Anthony Cape

01665 511145

anthony.cape@northumberlandestates.co.uk

Location

Related Documents

Contact

Anthony Cape

Asset Manager
+44 (0) 1665 511145anthony.cape@northumberlandestates.co.uk