Property Summary
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Area Sq ft: 192,350 sq f
Property Description
The Gate – Leisure & Entertainment Destination – Newcastle upon Tyne (NE1 5TG)Located in the heart of Newcastle city centre on Newgate Street, The Gate is a prominent leisure scheme spanning approximately 192,350 sq ft (19,235 m²). Developed by Land Securities in 2002 and acquired by The Crown Estate in 2012, it offers a vibrant mix of leisure and entertainment amenities including Cineworld, Aspers Casino, multiple restaurants and bars, targeting young professionals and students
Location & Accessibility
The Gate benefits from a prime city centre position, with direct access to major public transport links—rail, metro, bus—and excellent cycling facilities
Situated within the Grainger Town conservation area, it forms part of Newcastle’s historic core
Occupiers & Mix
Home to 19 venues across three levels, The Gate features a well-rounded leisure offering with major operators including Aspers Casino, Cineworld, Nando’s, Pizza Hut, The Lofts, JD Wetherspoons, and experiential venues like axe-throwing and gaming lounges
Availability & Rent
Retail/leisure units are available to let on a “rent on application” basis through agents EYCO and Smith Young
For example, unit G4 is currently listed as “to let” while G8/G9 and F7 are under offer
Newcastle city centre commands high footfall, with average retail rents around £27.60 per sq ft per annum
Given this benchmark, rental offers at The Gate are likely within the mid‑to‑upper retail rate range, though exact figures depend on unit size, specification and lease terms.
Why The Gate Works for Investors & Operators
Premium leisure destination with strong anchor tenants and multiple entertainment formats
Central location with ageing well alongside regeneration of Grainger Town
Flexible leasing terms with units available “on application” for bespoke operator fit-out
Boosted by city-wide footfall from local professionals, students, and tourists
For tailored rental quotes, floor plans, specification details, or to arrange an inspection, contact Fraser Bond today. Our Newcastle leasing team can provide full supporting investment analysis, business case support, and market comparisons.
Leasing managed by EYCO / Smith Young. To inquire and receive competitive rental offers, reach out to Fraser Bond—your specialist advisor for city centre leisure and mixed-use assets.
Title placement upon overview adheres to Fraser Bond’s style guidelines. Price is listed as on application per available data; exact figures can be obtained through contacting Fraser Bond.
