Retail Roadside Scheme Now Open New Build Units to Let
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RETAIL ROADSIDE SCHEME NOW OPEN JOIN ALDI, B&M HOMESTORE AND MCDONALD’S AVAILABLE UNITS FROM 3,425 SQ FT TO 20,000 SQ FT (320 SQ M TO 1,858 SQ M) ADJOINING DEVELOPMENT PLOT 2.3 ACRES (0.9HA) FOR SALE OR TO LET PRINCESS WAY, PRUDHOE, NORTHUMBERLAND, NE42 6PX NEW BUILD UNITS TO LET AND DEVELOPMENT PLOT FOR SALE/ TO LET TYNEVIEW RETAIL PARK 02 CONTENTS 03 LOCATION 04 OCCUPIERS 05 MASTERPLAN 06 STATS 07 TRACK RECORD 08 CONTACT TYNEVIEW RETAIL PARK 03 BLYTH LOCATION Bedlington A189 Cramlington A1 Seaton Delaval NEWCASTLE UPON TYNE 10.4 MILES - 24 MIN BY CAR Dudley GATESHEAD Whitley Bay A696 A186 11.7 MILES - 23 MIN BY CAR Newcastle A19 Airport BLAYDON Shiremoor KINTN A191 6 MILES - 12 MIN BY CAR RETAIL PARK HEXHAM Tynemouth Port of A1 Longbenton Tyne 13.4 MILES - 22 MIN BY CAR North Shields A191 SOUTH Gosforth A1058 SHIELDS A69 A167 Wallsend TYNE A68 TUNNEL A69 NEWCASTLE A69 UPON TYNE Hebburn Hexham Corbridge A1300 PRUDHOE Blaydon A184 A19 GATESHEAD A1018 A694 A68 A1 A692 A1290 A1231 TYNEVIEW RETAIL PARK 04 WEST SITE DEVELOPMENT PLOT OCCUPIERS TO LET T R P is the first phase of a proposed new retail and roadside TO LET development fronting A695 Princess Way to the north of Prudhoe town centre and extending to 66,865 sq ft approximately with TO LET 384 car park spaces. Aldi, B&M Homestore and Café Ginevra now open. Further new lettings agreed with McDonald’s Drive Thru, Greggs and BJC Kitchens. The west site totals 2.3 acres (0.9 ha) and has outline planning for a 19,375 sq ft hotel, 8,384 sq ft pub and 3,229 sq ft fuel filling station. P Top left aerial – can the scheme logo replace ‘PROPOSED DEVELOPMENT SITE (EAST) Right hand side table – to be updated to add the tenant names (Restaurant = McD’s, A1 = Greggs, A2 = BJC Kitchens, A3 = Café Ginevra, Unit B = Aldi, Unit C = B&M Homestore). Also, the oor areas for Unit D, E and F need to change to mirror the scheme plan attached which states dierent oor areas TYNEVIEW RETAIL PARK 05 NEWCASTLE/A 10.4 miles MASTERPLAN LW PRE INDUSTRIAL ESTATE E UNIT AREA (GIA) MCDONALD’S 3,777 SQ FT GREGGS 1,500 SQ FT (139 SQ M) EA EVELPENT PLT R ALE T LET 10.9 miles OUTLING PLANNING CONSENT FOR HOTEL, PUB/ RESTAURANT AND PFS BJC KITCHENS 1,500 SQ FT (139 SQ M) CAFE GINEVRA 1,500 SQ FT (139 SQ M) ALDI 19,368 SQ FT (1,799 SQ M) B&M HOMESTORE 22,000 SQ FT (2,044 SQ M) P T R P UNIT D - TO LET 9,000 SQ FT (836 SQ M) UNIT F UNIT E - TO LET 3,452 SQ FT (320 SQ M) UNIT E UNIT F - TO LET 6,975 SQ FT (648 SQ M) UNIT D GARDEN CENTRE UNIT C RESTAURANT UNIT B A3 A1 A2 TYNEVIEW RETAIL PARK 06 STATS LOCATION & CATCHMENT 13,311 Prudhoe Town Centre lies to the west of Newcastle upon Tyne on the south bank of the river Tyne located in the southern part of the county of Northumberland. Homes within 73,228 a 10 min drive Prudhoe has an immediate catchment of 13,311 homes (30,909 people) within a 10 Homes within time minute drive time. a 20 min drive Increasing to 73,228 homes (169,020 people) within a 20 minute drive time. time The consumer spend in the town centre is predominantly on convenience goods with the comparison / fashion spend leaking to Hexham, Metro Centre and Newcastle. CACI Demographics (within 10 minute drive time) MIXED USE Affluent achievers 25%. Comfortable communities 32%. DEVELOPMENT LEASE TERMS The premises are available by way of a new FRI lease for a rent and term to be agreed 384 upon application. Car parking spaces on-site 25% Terms agreed for Affluent achievers 57,145 sq ft TYNEVIEW RETAIL PARK 07 TRACK RECORD Northumberland Estates is one of the largest and most active developer Landlords in the North East. The in house Commercial Property team is experienced in Northumberland Retail Park – 50,000 sq ft retail/leisure development due for completion September 2019. The scheme will complement Quorum Business Park – Retail parade on major North delivering schemes of a varying complexities from general the existing 19,000 sq ft Aldi, Costa drive-thru and 21,368 sq ft retail parade anchored by a 24,772 sq ft Sainsbury’s Store Tyneside Business Park industrial units to specialist facilities such as schools. Northumberland Estate’s UK Commercial Property portfolio currently comprises in excess of 400 properties over 100 individual sites. The current UK development pipeline is in excess of 1 million sq ft and is spread across a range of sectors. The wider portfolio includes assets in Germany, Switzerland and North America. Advance Northumberland is a unique economic regeneration company with a clear remit to improve Willowburn Retail Park – Phase 1 due for completion August 2019 to provide 12,000 sq ft M&S Food Hall, Starbucks Manor Walks Shopping Centre Cramlington - 500,000 sq ft retail park including prosperity, quality of life and increase business activity drive-thru and local artisan country store. Phase 2 will deliver an additional 20,000 sq ft of retail premises Sainsburys, Asda, M&S, Next, TK Maxx, Home Bargains, Vue Cinema and Nando’s throughout the communities of Northumberland. Wholly owned by Northumberland County Council, Advance Northumberland owns and manages a significant commercial and residential portfolio, including over 500,000 sq ft of retail space with circa 250,000 sq ft of retail and leisure currently in development across a range of towns in Northumberland. Advance Northumberland’s Joint Venture partnership with Northumberland Estates combines a track record of successful development and regeneration across a number of key areas and brings together two of the strongest covenants in the North East. Whitley Road – Planning to be submitted for drive-thru and restaurant unit to complement existing Alnwick South Road – 15,000 sq ft retail developed for Aldi stores 70,125 sq ft retail and leisure scheme TYNEVIEW RETAIL PARK 08 RETAIL ROADSIDE SCHEME NOW OPEN CONTACTCONTACT JOIN ALDI, B&M HOMESTORE AND MCDONALD’S AVAILABLE UNITS FROM 3,425 SQ FT TO 20,000 SQ FT (320 SQ M TO 1,858 SQ M) ADJOINING DEVELOPMENT PLOT 2.3 ACRES (0.9HA) FOR SALE OR TO LET PRINCESS WAY, PRUDHOE, NORTHUMBERLAND, NE42 6PX ALL ENQUIRIES: Mark Proudlove Phil Coombes William Hatton M: +44 (0) 7808 479 310 M: +44 (0) 7715 678 426 T: +44 (0) 161 277 7233 E: [email protected] E: [email protected] M: +44 (0) 7870 555 715 E: [email protected] A JOINT DEVELOPMENT BY: 0191 691 2299 nor thumberland estates.co.uk MISDESCRIPTIONS ACT 1967 AND PROPERTY MISDESCRIPTIONS ACT 1991 These particulars shall not form part of any offer or contract and no guarantee is given to the condition of the property or the accuracy of this description. Any intending purchaser or tenant is not to rely on any representation made in these particulars and must satisfy themselves as to their own investigations before entering into any contract. March 2021..