Rare hospitality opportunity at The Bruce Building
The result of a half a million-pound refurbishment project, former retail space in the Bruce Building, Percy Street has been converted into a fully fitted café/restaurant, which would only require cosmetic fit-out from new occupiers.
It presents a viable opportunity for operators, particularly independents, to establish a new venture in the heart of Newcastle without the challenge and cost of undertaking a full fit out.
The 2,253 sq. ft. unit features a street level café/restaurant, with a ready-installed bar area. The conversion has also included the installation of air-conditioning, a high quality till system, CCTV network, Wi-Fi and hard-wired charging points and an integrated music system.
It also includes a basement kitchen and food preparation area, which has been fitted with high specification equipment ranging from ventilation and refrigeration to ovens and stainless-steel benches provided by CNG Foodservice Equipment Ltd.
The café/restaurant is in a prominent location, which benefits from substantial day and evening footfall. Directly opposite the Haymarket Metro Station and within close proximity to the city’s key retail destinations of Eldon Square and Northumberland Street, Percy Street is also close to RVI Hospital, the Civic Centre and landmark venues such as City Hall, the Northern Stage and St James’ Park.
As part of the three-storey Victorian Bruce Building, which underwent a major refurbishment in 2015, its neighbours include a number of offices and 57 apartments, which are occupied by students, young professionals and a range of corporate and leisure visitors to the city.
Mark Walton, said: “Newcastle is renowned for its diverse and eclectic leisure and hospitality market and this venue will be a great addition to the city’s vibrant café and restaurant community.
“We have installed the fundamental elements, including kitchen and bar fit outs, to allow a creative operator the chance to focus on their offering and styling. I am sure this will be particularly attractive for independent restaurant owners who will be able to serve up something unique for local people and visitors to Newcastle.”
Above: Artists impression of how the site on Percy Street could look.