Unique waterfront leisure opportunity at Royal Quays Marina, North Shields
We have been appointed to bring a new café-bar/restaurant venture to the award-winning Royal Quays Marina, North Shields.
The unique 1,863 sq ft proposed development has full planning consent and is situated in the Albert Edward Dock, in an area considered by many to be the North East’s finest boating location. The building is attractively designed with the aim of bringing a high-quality café-bar/restaurant operator to the area, and the development also includes an extensive outdoor seating area.
Quay Marinas’ managing director, Simon Haigh, said: “This is a prime waterfront location with an established customer and visitor base, which will benefit enormously from a high-quality café-bar/restaurant providing the main focal point to the Marina and surrounding area. We are keen to work with a potential partner to ensure that the new business will be a huge success.”
We are offering prospective tenants new lease terms on a prelet basis, at a proposed rental of £26,000 per annum exclusive. The unit is designed to shell to receive tenants fit out and at the moment there is the opportunity to add requirements on to the base build specification.
Simon added: “Thanks to its unique waterfront location and the flexible terms we expect to see a great deal of interest in this site in a deal that benefits both parties.”
In addition to attracting thousands of tourists each year, the Royal Quays Marina has a current capacity for 350 berths plus 100 boats ashore, with the potential to accommodate 500 berths. It is an established destination for yachts and motorboats from the UK and overseas, with regular cruises from Holland, Denmark, France and Germany.
There are over 1,000 residential properties on the Royal Quays site, with works due to commence on the adjoining Smiths Dock development imminently, which will bring a further 800 homes to the area and provide improvements to transport links.
Commenting on the opportunity, our head of commercial agency in Newcastle, Robert Patterson said: “This is a popular and busy waterfront area that is not currently well served with leisure venues, which is why this is such a fantastic opportunity. We are positive that a café-bar/restaurant at this location will be a success with both local residents and tourists, and with the flexible terms offered we believe that this development is sure to be of interest to the regional leisure market.”