2-3 Market Place, 2-3 Market Place, South Shields
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Fully Let to Two Tenants
- Producing £26,167 per annum
- Asset Management Potential
- 1,896 sq ft (175.89 sq m)
- Prominent Corner Pitch
- Guide Price Reflects 37.4% Gross Yield
Description
Arranged across ground floor only, the property comprises two retail units that are let on separate leases and producing a total annual rent of £26,167 per annum.
The property fronts Market Square with a return frontage to Chapter Row. Market Square sits at the end of King Street, the principal retail amenity in South Shields, with local occupiers including Poundland, Peacocks, Bonmarche and Lloyds Bank.
Chapter Row includes the main bus station for South Shields, which is immediately to the rear of the property.
2-3 Market Place, 2-3 Market Place, South Shields
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- South Shields Metro Station0.4 miles
- Chichester Metro Station0.5 miles
- North Shields Metro Station0.9 miles
About Savills, Savills, Auctions
33 Margaret Street, London, W1G 0JD
Notes
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