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Neptune House, Close, Newcastle upon Tyne, NE1 3RQ

  • Bar / Nightclub
  • 8,000 sq ft
  • To Let
Neptune House, Newcastle upon Tyne, Bar / Nightclub To Let - Frontage.jpg
Neptune House, Newcastle upon Tyne, Bar / Nightclub To Let - Internal.jpg
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Property Type Bar / Nightclub
Tenure To Let
Size 8,000 sq ft
Rent £240,000 per annum
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

3am Live Music Venue Newcastle

Key Features

  • Prime Riverside Location
  • Newcastle City Centre
  • Live Music Venue with a Rich History
  • 3am Licence
  • 1000 Capacity
  • New FRI Lease Available

Description

Riverside Newcastle benefits from a full fit out as a nightclub and live music venue, decked out with quirky decor and an electric ambiance, complete with stage, rigging, lighting and sound systems. There is potential to include an outside seating are for an additional rent.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 5,000 464.52
1st 3,000 278.71
Total 8,000 743.23

Location

Located overlooking the River Tyne in close proximity to numerous city centre restaurants and bars including Manhatta, Jalou, Slug & Lettuce, Quay 7, Offshore, Tortuga and JD Wetherspoon.

Tenure

A new FRI lease to be granted with terms and conditions to be agreed.

Asking Rent

Offers in the region of £240,000 per annum exclusive.

Premium

Offers in the region of £300,000.

VAT

VAT may be applicable to the rent, premium and all other figures quoted.

Planning/Licence

The premises benefit Sui Generis use and has a premises licence in place allowing the sale of alcohol until 2am Sunday to Thursday and 3am Friday and Saturday.

Holding Deposit

A holding deposit will be required to secure the property which will allow a period of exclusivity and will be held in the CDG Leisure client account.