Shop to rent

King Street, South Shields, Tyne And Wear, NE33

£4,167 pcm
2,787–7,247 sq. ft.

Property Description

Commercial information

  • 2,787 sq ft (258 sq m)
  • Use class orders: A1 Shops

Letting information:

Furnishing: Unfurnished
Letting type: Commercial

Key features

  • Prominent frontage
  • 2,787 sqft of ground floor sales with a further 4,460 sqft of ancillary space
  • Rear Loading and is adjacent South Shields Metro
  • Neighboring occupiers include the likes of McDonalds, Post Office, CEX, Greggs, and Cafe Nero

Full description

SOUTH SHIELDS

South Shields is located approximately 4 miles south east of the Tyne Tunnel, 8 miles east of Newcastle upon Tyne and provides principal commercial centre for South Tyneside. With close proximity to the A19 dual carriageway, the town enjoys excellent communication links including the Tyne and Wear Metro Network and has a resident population of 82,854 persons widening to 157,785 persons in the South Tyneside district. (source Focus 2011). There is ongoing regeneration through the South Shields 365 scheme with Phase 2 underway in 2018.

LOCATION

The property is located in a prime position on King St, the principal pedestrianised retail thoroughfare, with nearby retailers including McDonalds, Post Office, CEX, Café Nero, Greggs, Specsavers and Shoe Zone as indicated on the attached Goad extract.


ACCOMMODATION

The premises offer the following approximate floor areas and dimensions:

Gross Frontage 12.0 m 39'6"
Internal Width 11.8 m 38'9"
Ground Floor Sales 258.8 sq m 2,787 sq ft
First Floor 185.7 sq m 1,999 sq ft
Second Floor 70.1 sq m 755 sq ft
Third Floor 133.4 sq m 1,435 sq ft
Basement 25.1 sq m 271 sq ft


TENURE

The premises are available by way of a new effectively full repairing and insuring lease for a term of years to be agreed incorporating five yearly upward only rent reviews at a rent of £45,000pa excl

PLANNING

The unit has the benefit of A1 consent, however is suitable for a variety of other uses subject to consents.

Interested parties should verify this with the Local Authority
with regards to their specific use.

RATES

We are verbally advised by the local rating authority that the premises are assessed as follows:

Rateable Value £57,500
Rates Payable April 2018/19 £28,347.50

Interested parties should make their own enquiries of the local rating authority for verification of the above.

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in connection with the transaction.


ENERGY PERFORMANCE CERTIFICATE

According the EPC register, the rating for the unit is D92.

A full copy of the certificate is available on request.


VAT

All figures quoted in these terms are exclusive of VAT where chargeable


More information from this agent

Nearest stations

  • South Shields (0.3 mi)
  • Chichester (0.6 mi)
  • North Shields (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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

  • South Shields (0.3 mi)
  • Chichester (0.6 mi)
  • North Shields (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

@retail, Newcastle Upon Tyne

Cobalt Business Exchange, Cobalt Way, Newcastle Upon Tyne, NE28 9NX

0191 687 0662 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 - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference 4-6ksSouthShields. 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 @retail, Newcastle Upon Tyne.

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