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Unit 7 Newcastle Quays Retail Park North Shields NE29 6DW


Brief Property Description:
Newcastle Quays Retail Park is located just north of the Tyne Tunnel so it can be easily accessed from both sides of the river. We are a 10 minutre walk from both Percy Main and Howden Metro Stations. The centre also benefits from 750 free car parking spaces with additional bicycle parking.

There are more than 50 retail units at Newcastle Quays Retail Park with 131,766 sq ft of retail accommodation and the current occupancy rate of the centre is 74% and accommodates numerous national operators throughout the retail park incuding Next, Costa Coffee, Poundland, Dreams, Cardzone and Subway amongst numerous others. There is a requirement throughout the scheme for F&B operators to compliment the trading retail units and to provide the consumer with an experience where they won't want or need to go anywhere else. Newcastle Quays also has opportunities for pop up stores and kiosks.

North Shields is situated a short distance away from the vibrant city of Newcastle upon Tyne, which boasts a thriving economic landscape that is ripe for investment and growth. The strategically positioned coastal town of North Shields has experienced remarkable expansion in industry and commerce in recent years. With its proximity to major transportation hubs, including the Port of Tyne and well connected road and rail networks, North Shields has become a hub for logistics, distribution and trade.

Newcastle Quays is strategically located in the North East, with easy access to the A19 Tyne Tunnel and Newcastle City Centre via the A1058 Coast Road and is well connected to the centre of Newcastle 8.1 miles with Sunderland 11.8 miles, Newcastle Airport 17.8 miles, Durham 19.5 miles and Middlesbrough 38.5 miles away. As a result, Newcastle Quays has a highly concentrated catchment area with 350,000 people within a 15 minute drive and 1,425,200 people within a 30 minute drive.

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Location
Property Type: Retail
Size: 850 sqm (9149 sqft)
Tenure:
Lease: Terms on application
Rateable Value: £53000

Agent Details:
Naylors Gavin Black (KS)
Contact: Keith Stewart
Brochure from Naylors Gavin Black (KS)