48 Westgate Rd, Newcastle Upon Tyne, Tyne And Wear, NE1 1TT, GB
18,740 sq ft
Price on application.
The property is let to cyclone (newcastle) limited: - 15 years, commencing on 2 january 2019 and expiring on 1 january 2034..
- rent review on 2 january 2024 and 2 january 2029 on an upwards only, open market basis.
- tenant’s break option exercisable on 2 january 2029..
Net operating income
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Property facts for Union Rooms Public House, Newcastle Upon Tyne
The subject property comprises a detached, 19th century building which is arranged over five floors. The basement, part ground, part first and part second floors are currently operating as a public house. There is the opportunity to develop the upper floors which may be suitable for a variety of uses, including hotel use, subject to obtaining necessary planning permission.
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