Magnet Court 8 Gallowgate

862 SF of Retail Space Available in Newcastle Upon Tyne NE1 4SN

HIGHLIGHTS

  • High footfall area
  • Would suit multiple uses
  • Good transport links

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground, Ste 3
  • 862 SF
  • 1-10 Years
  • $32,300 /YR
  • Retail
  • Full Build-Out
  • Now

The accommodation comprises a ground floor retail unit with spacious sales area accompanied with kitchen and WC facilities, the space has 3 phase electricity, suspended ceilings, and benefits from A5 consent which is now classified as Sui Generis use class under the Town & Country Planning Use Classes Order as amended 01.09.20.

  • Use Class: Sui Generis
  • Located in-line with other retail
  • Drop Ceilings
  • Large frontage
  • Previously chicken shop
  • Fully Built-Out as a Fast Food Restaurant
  • Kitchen
  • Demised WC facilities
  • At the foot of large student accommodation
Space Size Term Rental Rate Space Use Condition Available
Ground, Ste 3 862 SF 1-10 Years $32,300 /YR Retail Full Build-Out Now

Ground, Ste 3

Size
862 SF
Term
1-10 Years
Rental Rate
$32,300 /YR
Space Use
Retail
Condition
Full Build-Out
Available
Now

PROPERTY FACTS FOR 8 GALLOWGATE , NEWCASTLE UPON TYNE, TWR NE1 4SN

Total Space Available 862 SF
No. Units 111
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 51,415 SF
Year Built/Renovated 1932/2002

ABOUT THE PROPERTY

Originally built in the 1930s for the General Electric company, this grand art-deco building now serves as a popular and modern choice for student accommodation in Newcastle. Magnet Court is home to 112 students, living in either en-suite rooms in shared flats or in self-contained studio apartments. From this central base, you can walk to the Newcastle University and Northumbria University campuses in 10 minutes. Outside, it’s worth looking up at the building now and then. You’ll see a series of terracotta panels that celebrate human energy and vigour - a small and beautiful piece of history. Back on the ground, there’s a Sainsbury’s Local supermarket at the bottom of the building. Magnet Court is situated on a road called Gallowgate, part of Newcastle’s city-centre shopping district. It’s also a stone’s throw from St James’ Park, home to the city’s beloved Magpies - also known as Newcastle United Football Club.

FEATURES AND AMENITIES

  • Security System
  • Storage Space

NEARBY MAJOR RETAILERS

Frankie & Benny's
Bella Italia
Smashburger
Wagamama Newcastle
Crepeaffaire
Nando's
TGI Fridays
Tortilla
Caffe Nero
Costa Coffee
  • Listing ID: 33118815

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 8 Gallowgate, Newcastle Upon Tyne NE1 4SN