Retail Property (high street) for sale

Westoe Road, South Shields, NE33

Fixed Price 96 sq. m. | £120,000

Property Description

Commercial information

  • 1,039 sq ft (96 sq m)
  • Use class orders: A1 Shops

Key features

  • Retail Property
  • Ground Floor & Basement
  • Prominent Position
  • NIA Approximately 96.60m2 (1,039 sq. ft.)
  • AWT 11,000
  • Established Area

Full description

Tenure: Freehold

For sale under auction terms.

The property comprises of ground floor retail currently trading as 'Westoe News' which benefits from main sales area, internal storage/kitchen, WC and basement storage. NIA approximately 96.60m2 (1039.8 sq. ft.)

LOCATION:
The subject property is located within Westoe Road around quarter of a mile outside South Shields main town centre. Westoe Road is one of the primary routes into the town from the east and is made up of various commercial businesses and residential property.

ACCOMMODATION:
Ground floor sales area: 28.7m2 (308.9 sq. ft.) Internal storage: 18.4m2 (198 sq. ft.) Kitchen: 11.9m2 (128 sq. ft.) Basement: 37.60m2 (404.7 sq. ft.) NIA approximately 96.60m2 (1,039 sq. ft.)

BUSINESS DETAILS:
We have been verbally advised that the business is enjoying a healthy 11,000 average weekly takings. Accounts available on request.(all interested parties must satisfy their own requirements prior to bidding.
The business benefits from:
Lottery, Pay Point, ATM on site, Newspapers, tobacco and liquor licence. Opening hours of 8am - 9pm.

TENURE:
Freehold.

ENERGY PERFORMANCE:
EPC rating: E

AUCTION INFORMATION:
The subject property is offered on unconditional sale terms and subject to Keith Pattinson General Conditions of Sale, a copy is contained within the auction brochure or online. This means that the successful purchaser will be required to exchange contracts on the day together with the submission of a 10% deposit subject to a minimum of 3600. Completion will thereafter take place no more than 28 days later. Interested parties should ensure they have satisfied themselves of all queries prior to auction as all acceptable offers are legally binding. As well as the deposit any successful buyer would have to pay (650.00 pounds plus VAT) administration charge to Keith Pattinson Limited on any auction purchase.

Nearest stations

  • Chichester (0.2 mi)
  • South Shields (0.4 mi)
  • Tyne Dock (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Chichester (0.2 mi)
  • South Shields (0.4 mi)
  • Tyne Dock (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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