178-180 High Street, Gosforth, NE3 1HX

Gosforth is noted as one of the most desirable residential suburbs of the city of Newcastle-upon-Tyne, approximately 2 miles north of Newcastle City Centre, and 5 miles North-West of the Tyne Tunnels.  Gosforth is a short distance from the A167 and also has two stations on the Tyne and Wear Metro System. Gosforth High Street is the home of the first Greggs.

The property is situated in a highly prominent position on the eastern side of High Street, which is an important thoroughfare for pedestrians and vehicles.  The Brandling Arms lies to the immediate south of the property, followed by Gosforth Shopping Centre, which houses notable occupiers such as Costa, Argos and Sainsbury’s Supermarket.  The property benefits from excellent road links to surrounding areas, as well as public transport having a Metro Station at South Gosforth and Regent Centre and being on a number of bus routes.


The property comprises a prominent two-storey detached retail unit with return frontage, most recently used as a bank.  The building is of brick construction with attractive stone and marble detail and has large plate glass windows.

Internally the property has plastered and painted walls with a suspended ceiling incorporating recessed LED lighting and an air conditioning/heating system.  Floor coverings are a combination of timber and carpet tile.

The property benefits from internal disabled access which can be accessed from street level.  The main access in to the building is off High Street, although there is a second access off South Cross Street.  There is plentiful off-street parking available at the Gosforth Shopping Centre to the south and Salters Road Car Park a short distance to the north.

  • Prominent building
  • Prime pitch
  • Retail or Leisure use
  • Car parks nearby
  • Excellent public transport

The unit will be available to let from 15 March 2024 on a new lease for a term of years to be agreed on full repairing and insuring terms at a rent of £60,000pa.

Our client may consider offers for the freehold interest.

The property is assessed for business rates as follows:

Rateable Value (2023 List):             £52,000

Rates Payable 2023/2024:               £26,624

* The Rates Payable has been calculated on the basis that the ingoing tenant will pay using the standard UBR multiplier of 51.2 pence