Officers were called to St Marks Way shortly before 7.30pm last night, Monday, September 7, and discovered the man with multiple injuries.
It was reported a group of men had approached the victim in a car before jumping out of the vehicle and assaulting him.
Emergency services found the victim with non-life threatening injuries to his leg and neck consistent with a stabbing. He remains in hospital.
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An investigation is ongoing. Officers believe all parties were known to each other.
Northumbria Police’s Detective Sergeant David Reeves, who is leading the investigation, said: “There is absolutely no place for incidents like this in our community and we will take robust action against anybody found to have been involved.
“This was clearly a serious assault that happened in a busy area of the town. The victim remains in hospital with multiple injuries and we will continue to offer him any support he needs.
“We are now determined to finding out the circumstances surrounding the incident and would ask anybody with information, or who was in the area at the time and saw the assault took place, to get in touch.
“Your information, no matter how insignificant you feel it may be, could prove crucial as we look to identify and trace those responsible and ensure they are ultimately brought to justice.”
Anyone with information can contact us via the ‘Tell Us Something’ page of our website or by calling 101 quoting log 994 070920.