TO LET - RETAIL ROADSIDE DEVELOPMENT UNITS FROM 1,500 SQ FT TO 20,000 SQ FT (139 SQ M TO 1,858 SQ M) PRINCESS WAY, PRUDHOE, NORTHUMBERLAND, NE42 ...
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RETAIL ROADSIDE DEVELOPMENT
UNITS FROM 1,500 SQ FT TO 20,000 SQ FT (139 SQ M TO 1,858 SQ M)
PRINCESS WAY, PRUDHOE, NORTHUMBERLAND, NE42 6PX
TO LET
MASTERPLAN LOCATION OCCUPIERS STATS TRACK RECORD CONTACT TYNEVIEW RETAIL PARK 02
CONTENTS
03 MASTERPLAN
04 LOCATION
05 OCCUPIERS
06 STATS
07 TRACK RECORD
08 CONTACT
MASTERPLAN LOCATION OCCUPIERS STATS TRACK RECORD CONTACT TYNEVIEW RETAIL PARK 03
PRUDHOE
CASTLE
MASTERPLAN
UPPER
PRUDHOE HEXHAM
10.9 miles
LOWER
PRUDHOE
PROPOSED
DEVELOPMENT
SITE (WEST)
East Site
LOW PRUDHOE
INDUSTRIAL ESTATE
PROPOSED
DEVELOPMENT
SITE (EAST)
UNIT AREA (GIA)
UNIT A1 1,500 SQ FT (139 SQ M)
UNIT A2 1,500 SQ FT (139 SQ M)
NEWCASTLE/A1 UNIT A3 (UNDER OFFER) 1,500 SQ FT (139 SQ M)
10.4 miles
UNIT B (UNDER OFFER) 18,471 SQ FT (1,716 SQ M)
UNIT C (UNDER OFFER) 22,000 SQ FT (2,044 SQ M)
UNIT D 5,000 SQ FT (465 SQ M)
Site Plan - East Site UNIT E 5,000 SQ FT (465 SQ M)
UNIT F 10,000 SQ FT (929 SQ M)
UNIT F RESTAURANT / DRIVE THRU 1,894 SQ FT (176 SQ M)
UNIT E West Site
UNIT D
UNIT AREA
GARDEN
CENTRE
LEISURE OR SERVICES 2.3 ACRES (0.9 HECTARES)
UNIT C
UNIT B
RESTAURANT
A3
A1 A2
MASTERPLAN LOCATION OCCUPIERS STATS TRACK RECORD CONTACT TYNEVIEW RETAIL PARK 04
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 Shiremoor
BLAYDON
KINGSTON
6 MILES - 12 MIN BY CAR RETAIL PARK
A191
HEXHAM Tynemouth Port of
A1 Longbenton Tyne
13.4 MILES - 22 MIN BY CAR North Shields
A191
SOUTH
Gosforth SHIELDS
A69 A167 A1058 TYNE
A68 Wallsend
TUNNEL
A69 NEWCASTLE
A69 UPON TYNE Hebburn
Hexham Corbridge
A1300
PRUDHOE Blaydon
A184 A19
GATESHEAD A1018
A694
A68
A1
A692
A1290
A1231
MASTERPLAN LOCATION OCCUPIERS STATS TRACK RECORD CONTACT TYNEVIEW RETAIL PARK 05
OCCUPIERS
TO LET
TO LET
TO LET
TO LET
TO LET
TO LET
ILLUSTRATIVE PURPOSES ONLY
Proposal
Tyneview Retail Park is the first phase of a proposed new retail and
roadside development fronting A695 Princess Way to the north of Prudhoe
town centre and extending to 66,865 sq ft approximately with 405 car park
spaces. New lettings are agreed on over 40,000 sq ft to Aldi and B&M for a
Homestore to include garden centre.
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.
MASTERPLAN LOCATION OCCUPIERS STATS TRACK RECORD CONTACT TYNEVIEW RETAIL PARK 06
STATS
13,311
73,228
LOCATION & CATCHMENT
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
a 10 min drive Homes within
Prudhoe has an immediate catchment of 13,311 homes (30,909 people) within a 10
time a 20 min drive
minute drive time.
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
Planning and Timing
Outline planning permission obtained for east and west of site, measuring 405
10.7 acres (4.3 ha). Car parking
The East Site extends to 66,865 sq ft, with additional leisure / services development spaces on-site
potential on the West Site comprising an area of 2.3 acres (0.9 ha).
Full planning permission for east site expected May 2019.
A1, A2, A3, A4, A5, C4 and Fuel Station use available.
25% Terms agreed for
Target commencement due Summer 2019, with Phase 1 development programmed
for completion in Spring 2020.
Affluent achievers
40,587 sq ft
LEASE TERMS
The premises are available by way of a new FRI lease for a rent and term to be agreed
upon application.
MASTERPLAN LOCATION OCCUPIERS STATS TRACK RECORD CONTACT 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
delivering schemes of a varying complexities from general Northumberland Retail Park – 50,000 sq ft retail/leisure development due for completion September 2019. The scheme will complement
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
Quorum Business Park – Retail parade on major North
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
prosperity, quality of life and increase business activity Willowburn Retail Park – Phase 1 due for completion August 2019 to provide 12,000 sq ft M&S Food Hall, Starbucks
drive-thru and local artisan country store. Phase 2 will deliver an additional 20,000 sq ft of retail premises
Manor Walks Shopping Centre Cramlington - 500,000 sq ft retail park including
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
MASTERPLAN LOCATION OCCUPIERS STATS TRACK RECORD CONTACT TYNEVIEW RETAIL PARK 08
CONTACT
CONTACT RETAIL ROADSIDE DEVELOPMENT
UNITS FROM 1,500 SQ FT TO 20,000 SQ FT (139 SQ M TO 1,858 SQ M)
PRINCESS WAY, PRUDHOE, NORTHUMBERLAND, NE42 6PX
ALL ENQUIRIES:
Mark Proudlove William Hatton Stephen Henderson
T: +44 (0) 113 388 4859 T: +44 (0) 161 277 7233 T: +44 (0) 113 220 1206
M: +44 (0) 7808 479 310 M: +44 (0) 7870 555 715 M: +44 (0) 7870 999 618
E: mark@barkerproudlove.co.uk E: whatton@savills.com E: shenderson@savills.com
A JOINT DEVELOPMENT BY:
0191 691 2299
nor thumberland estates.c o.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. Feb 2019.
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