Retail Property (high street) for sale

Westoe Road, South Shields, Tyne and Wear, NE33 3PF

Guide Price* £90,000
921 sq. ft.

Property Description

Commercial information

  • 921 sq ft (85 sq m)
  • Use class orders: A1 Shops

Key features

  • Two Floor A1 Retail Unit
  • Tenanted Investment
  • Let for 9,000 PA
  • NIA 85.57sqm (921sqft)
  • Very Popular Location
  • Freehold Title

Full description

Tenure: Freehold

FOR SALE BY ONLINE AUCTION. Terms and conditions apply.

We are pleased to offer to auction this tenanted A1 retail unit, excellently situated along the popular Westoe Road, South Shields. The unit comprises two floors (ground floor and basement) within a three floor brick-built building. The ground floor consists of main sales area, storage and kitchen, with further storage space to the basement. The property is tenanted for 9,000 per annum, offering a great investment opportunity.


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 Main sales area: 28.70sqm Internal storage: 18.40sqm Kitchen: 11.90sqm BASEMENT Storage one: 15.55sqm Storage two: 11.02sqm NIA 85.57sqm (921sqft)

Lease Details 
The property is let for 9,000 per annum on a ten year lease with no breaks, with a rent review every three years (first rent review to be on 2nd August 2021).

Tenure 
Freehold. Title number TY222454.

Rateable Value 
The adopted rateable value is 4,850 as of 1st April 2017. Sourced from VOA.

EPC 
Availale upon request.

Additional Information 
For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

More information from this agent

Energy Performance Certificates (EPCs)

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.

Disclaimer - Property reference 337351. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinson Estate Agents, Commercial on 0191 4251507.


Map data OpenStreetMap contributors.