Recently refurbished open plan café premises with open kitchen to the rear and seating for approximately 40 covers.
As referenced on the attached plan, the property occupies a prominent position with the Astley Walk retail arcade. There are a number of public car parks within walking distance with the nearest multi storey car park 250 yards away. Loading facilities are top the rear of the property via a serviced yard.
Recently refurbished open plan café premises with open kitchen to the rear and seating for approximately 40 covers. Well-presented throughout the premises benefits from new decoration and vintage interior. There is also a stainless steel extraction canopy fitted with external extraction ducting. To the rear are three toilet cubicles. The unit is prominently located in the pedestrianised shopping mall in the Astley Walk development and has approximately 17’9 of glazed frontage.
Café/ open plan: 735 sq. ft.
Preparation/store: 90 sq. ft.
3 x WCs: –
Total NIA: 825 sq. ft.
We advise that all mains services are connected to the property. Please note that no services have been tested by the agents.
The property is available by way of a new lease for a term of years to be agreed, subject to rent reviews every five years. The lease will be on a full repairing and insuring basis by way of a service charge with the incoming tenant being responsible for the landlords legal fees.
Rateable Value: £10,500
Rates Payable: £4,893 p.a. (2017/2018)
Please note: If you qualify for Small Business Rates Relief may be entitled to a rates exemption.
The rent will be subject to VAT.
Asset Rating 123 – Category E
BIG INCREASE IN TOWN CENTRE FOOTFALL
September and October in particular saw huge footfall increases. There were an extra 34,000 visits in September and an additional 60,000 visits in October compared to last year. November saw a smaller increase but we maintained and surpassed last year’s excellent numbers.
The latest figures show that the attractive retail and leisure mix we offer in Newcastle is proving popular with visitors and shoppers. Alongside important development work and a calendar of events, we have a great platform to build on in 2018 – thank you for all your hard work and commitment to the town.
Here are the footfall figures in more detail for you:
September 2016 – 161,022
September 2017 – 195,304
October 2016 – 161,651
October 2017 – 222,698
November 2016 – 230,174
November 2017 – 231,967
Sep-Nov 2016 total – 552,847
Sep-Nov 2017 total – 649,969