Retail Space FOR RENT in 95–103 Newgate Street, Newcastle, Tyne y Wear

Property Description

95–103 Newgate Street, Newcastle upon Tyne – Leisure and Restaurant Quarter – 47,420 sq ft – Price on Application
Located in the heart of Newcastle city centre (NE1 5RF), 95–103 Newgate Street offers 47,420 sq ft of leisure and restaurant space under Use Class E(a). Owned by DTZ Investors, the scheme hosts a compelling mix of tenants including Turtle Bay, Point Blank, Zaap, an adventure golf operator, Landmark, The Gym, and a Premier Inn hotel, creating a vibrant hospitality and entertainment destination adjacent to The Gate leisure and retail complex
The site enjoys premium positioning on Newgate Street, part of Newcastle's renowned Grainger Town, and benefits from substantial pedestrian and visitor traffic to nearby attractions including Eldon Square shopping centre, Chinatown, and St James’ Park. Its location surrounding a major transport and leisure cluster, including the Gate’s 12‑screen cinema, national restaurants and active nightlife venues, ensures consistent footfall throughout the day and evening
Although units are not publicly listed at present, DTZ Investors and appointed agents offer space through discreet enquiry and leasing support, with flexibility depending on operational requirements. Comparable city centre leisure units typically achieve quoting rent levels between £20 and £30 psf, depending on size and frontage. For example, a nearby 2,479 sq ft retail shell on Clayton/Newgate Street was quoted at £65,000 per annum, equivalent to approximately £26.22 psf
This site presents an exceptional opportunity for restaurant operators, bar and entertainment brands seeking a flagship city centre location with unrivalled visibility, connectivity and co-tenancy with Premier Inn and established leisure brands. Units would suit flexible leisure, hospitality, food and beverage, or fitness uses under Use Class E.
Total Size: 47,420 sq ft (multiple leisure units)
Use Class: E(a) – Leisure / Restaurant
Price: Price on Application; indicative rent guidance circa £20–£30 psf
All information is subject to contract. Floor areas and rent indications are approximate and should be verified through due diligence.
Fraser Bond is available to provide tailored leasing information, rental benchmarks, floor plans and to facilitate viewings or confidential enquiries. Our team specialises in securing prime leisure and hospitality space in key city centre destinations and can assist through negotiation and strategic positioning.