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Monument Mall Blackett St 697 sq ft of Assignment Available in Newcastle Upon Tyne NE1 7AL
Assignment Highlights
- Established covered shopping mall
- High footfall city centre location
- Central position between key retail streets
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rate
- Type
| Space | Size | Term | Rate | Type | ||
| Ground, Ste 9B | 697 sq ft | Feb 2030 | £86.08 /sq ft pa £7.17 /sq ft pcm £60,000 pa £5,000 pcm | Fully Repairing & Insuring |
Ground, Ste 9B
This assignment is for a lease with terms of 5 year FRI lease inside the Act, commencing 1st March 2025. There is a tenant-only break operable on 1st March 2028 on not less than 6 months’ notice, without penalty. The rent will also increase as follows throughout the term: £60,000 pax rising to £62,500 pax on 01/03/27 and £65,000 pax on 01/03/28 The accommodation comprises a ground floor retail unit arranged in an open-plan format with a regular rectangular configuration. The unit benefits from a prominent frontage within Monument Mall, providing strong visibility and pedestrian flow. The space is suitable for a range of Class E retail occupiers seeking a central city centre trading position.
- Use Class: E
- Assignment space available from current tenant
- Partially Fit-Out as Standard Retail Unit
- Located in-line with other retail
- Exclusive WC facilities
- Wooden Floors
- Display Window
- Ground floor sales accommodation
- Prominent internal mall frontage
- Efficient rectangular layout
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Select Tenants at Monument Mall
- Tenant
- Description
- UK Locations
- Reach
- Banyan
- Other Retail
- 1
- National
- Lloyds Bank
- Bank
- 918
- International
- Sports Direct
- Sporting Goods
- 666
- International
- The Botanist
- Health & Beauty Aids
- 21
- National
- The White Company
- Other Retail
- 78
- International
- TK Maxx
- Discount Store
- 484
- International
| Tenant | Description | UK Locations | Reach |
| Banyan | Other Retail | 1 | National |
| Lloyds Bank | Bank | 918 | International |
| Sports Direct | Sporting Goods | 666 | International |
| The Botanist | Health & Beauty Aids | 21 | National |
| The White Company | Other Retail | 78 | International |
| TK Maxx | Discount Store | 484 | International |
Property Facts
| Total Space Available | 697 sq ft | Net Internal Area (NIA) | 135,000 sq ft |
| Property Type | Retail | Total Land Area | 0.85 ac |
| Property Subtype | Shopfront | Year Built | 1992 |
| Total Space Available | 697 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront |
| Net Internal Area (NIA) | 135,000 sq ft |
| Total Land Area | 0.85 ac |
| Year Built | 1992 |
About the Property
Monument Mall is an established city centre shopping arcade positioned between Northumberland Street and Grainger Street in Newcastle upon Tyne. The property forms part of a prime retail pitch within the core shopping area, benefitting from high levels of footfall and proximity to major retail destinations including Eldon Square and the wider city centre amenities.
- Bus Route
- Security System
- Signage
- Storage Space
- Air Conditioning
Presented by
Monument Mall | Blackett St
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