Eldon Chambers
23 QUAYSIDE, NEWCASTLE UPON TYNE, NE1 3DE
PRIME LEISURE ACCOMODATION
BAR, RESTAURANT & HOTEL PLANNING
TO LET
Offers in the region of £195,000 per annum
Eldon Chambers, 23 Quayside, Newcastle upon Tyne, NE1 3DE
REGULATED BY RICS
1 Hood Street, Newcastle upon Tyne NE1 6JQ Tel: (0191) 232 8080 E-mail: newcastle@bradleyhall.co.uk www.bradleyhall.co.uk
Excellent Quayside Location
Unrivalled Views Across the River Tyne
Popular Leisure Destination
Set Out Over 4 Floors
Net Internal Area: 782.5m
2(8424 ft
2)
Ground Floor A3/4 Restaurant & Bar Use Class
Upper Floors C1 Hotel Use Class
New FRI Lease at £195,000 pax
1 Hood Street, Newcastle upon Tyne NE1 6JQ Tel: (0191) 232 8080 E-mail: newcastle@bradleyhall.co.uk www.bradleyhall.co.uk
SITUATION
Eldon Chambers is located along the Quayside of the River Tyne in Newcastle City Centre. The property is centrally located for access by car, and public transport with both the Central Station and Monument Metro only a five minute walk away.
The Quayside has great demand for leisure users with many busy cocktail bars, restaurants and cafes. There are also many offices on the Quayside creating a continuously busy area both in the day and evening. This property is located perfectly on the main street over-looking the River Tyne, The Sage and The Millennium Bridge.
Neighbouring leisure operators include Slug and Lettuce, The Vermont Hotel, Aveika and Pitcher and Piano whilst nearby office occupiers include Goldwater Solicitors, Trinity Chambers and a number of other local and national legal practices. DESCRIPTION
The property is a large, attractive, period building covering 4 floors and totalling a space of 783m²/ 8,424ft². In addition there is a basement provision ideal for additional storage / cellar. The property also includes 14 car parking spaces to the rear of the building.
On 22nd November 2016 Eldon Chambers was granted
planning permission for a change of use to a restaurant/bar (Class A3/A4) on the ground floor and hotel accommodation (Class C1) on the upper floors. Proposed plans attached.
ACCOMMODATION Net Internal Area: Ground Floor 225m² 2,422ft² First Floor 185.6m² 1,998ft² Second Floor 215m² 2,314ft² Third Floor 156.9m² 1,690ft² Total 782.5m² 8,424 ft² TERMS
The whole property is available by way of a new lease for a term of years to be agreed at a rental of £195,000 (One Hundred and Ninety Five Thousand) per annum.
EPC
This property has an EPC Rating of E107. LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
RATING ASSESSMENT
Description Rateable Value
Offices and £99,532 Premises
We are advised that the rateable value of the premises as at 1 April 2010 as Office Premises is £99,532
Now that the change of use has been granted we anticipate the rateable value will also change and the property subject to a new valuation. Interested parties should confirm the position with the Local Authority.
VIEWINGS
For general enquiries and viewing arrangements please contactsole agents Bradley Hall Chartered Surveyors.
Contact: Neil Hart
Email: neil.hart@bradleyhall.co.uk Tel: 0191 232 8080
Contact: Kristian Sorensen
Email: kristian.sorensen@bradleyhall.co.uk Tel: 0191 232 8080
1 Hood Street, Newcastle upon Tyne NE1 6JQ Tel: (0191) 232 8080 E-mail: newcastle@bradleyhall.co.uk www.bradleyhall.co.uk
PROPOSED GROUND FLOOR
PROPOSED FIRST FLOOR
1 Hood Street, Newcastle upon Tyne NE1 6JQ Tel: (0191) 232 8080 E-mail: newcastle@bradleyhall.co.uk www.bradleyhall.co.uk
NEWCASTLE UPON TYNE
CITY CENTRE
IMPORTANT NOTICE
Bradley Hall Ltd trading as Bradley Hall Chartered Surveyors for themselves and for the Vendors or lessors of this property whose agents they are given notice that: (1) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute nor constitute part of an offer or contract;
(2) all descriptions, dimensions, references to condition and necessary permission for use and occupation and their details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
(3) no person in the employment of Bradley Hall Chartered Surveyors has any authority to make or give any presentation or warranty whatever in relation to this property of these particulars nor enter into any contract relating to the property on behalf of Bradley Hall Chartered Surveyors, nor any contract on behalf of the Vendor.
(4) no responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn. REGULATED BY RICS