Description: The property is arranged over a ground and first floor. The ground floor comprises of two retail showrooms with associated storage space, and the first floor has separated office spaces, a kitchen area, and W/C facilities.
The ground floor unit on the Northern side of the property is a small boutique retail premises, whereas the retail premises connected to the southern side enjoys a larger space, however, is currently being used as a workshop. The ground floor unit on the southern side has a lot of potential for a variety of retail occupiers.
The first floor provides office accommodation within the two storey, end terrace property. Externally the property is well presented and of traditional construction.
Location: Situated on Leazes Park Road, the property enjoys a strategic position in Newcastle city centre, making it an ideal hub for retailers seeking prime visibility and connectivity. The property receives a high amount of foot traffic due to its positioning near St James Park, and Newcastle University.
The property is located on the end of a row of terrace properties, adjacent to The Leazes End and Companions, and facing Kingswalk Dental Implant Practice. Other businesses in the area include Les Petits Choux, The Lost Wanderer, and Bar Loco.
49-53 Leazes Terrace is 0.4 miles from St James metro Station, and 0.5 miles from Haymarket metro station. Just 0.2 miles away is St Thomas Street Bus stop. There are multiple car parks situated around the property.
Ground Floor: 103 sqm / 1,107 sq ft
First Floor: 85 sqm / 918 sq ft
Total: 188 sqm / 2,025 sq ft
EPC: D (81)
Rating: The rateable value of the premises as of 1st April 2026 is £22,750 and the estimated rates payable £11,352.25. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the local authority.
Viewing: For general enquiries and viewing arrangements please contact Bradley Hall Newcastle.
