Opportunity for waterfront development

Royal Quays Marina where plans are being drawn up for a new cafe-bar/restaurant.

Royal Quays Marina where plans are being drawn up for a new cafe-bar/restaurant.

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Plans are being drawn up to bring a new waterfront attraction to a popular marina.

A search has begun for prospective tenants to take on a new café-bar/restaurant venture at Royal Quays Marina in North Shields.

We are keen to work with a potential partner to ensure that the new business will be a huge success

Quay Marinas’ managing director, Simon Haigh

Chartered surveyor and property consultancy Sanderson Weatherall has been appointed to lead the search for the 1,863sq ft proposed development on Albert Edward Dock, which has full planning consent.

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.”

Sanderson Weatherall is offering prospective tenants new lease terms on a prelet basis, at a proposed rental of £26,000 per annum.

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.”

Sanderson Weatherall’s 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.”

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.

There are more than 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.

For further information, interested parties should contact Robert Patterson at Sanderson Weatherall on 0191 269 0105 or visit www.sandersonweatherall.co.uk