Skip to content

King Street, South Shields, NE33

Description

LOCATION
South Shields is located in within South Tyneside and is a vibrant coastal town situated on the south bank of the River Tyne. The property is located on the King Street, which is a prime location surrounded by local amenities and facilities including The Custom House Theatre and the National Centre for the Written Word.
The town is well connected for access to the local road network. The A19 is readily accessible via the A194 Newcastle Road. The A19 extends to North Tyneside via the Tyne Tunnel and to the south it extends to the likes of Sunderland and Teesside.

This property is ideally situated on King Street, adjacent to Barclays Bank, in an area undergoing a major transformation, driven by the relocation of South Tyneside College and South Shields Marine School to the town centre. This redevelopment is set to revitalize the area, bringing thousands of students and staff into the heart of the town. The increased footfall presents an exceptional opportunity for local businesses to thrive, benefiting from the dynamic energy and activity that this influx of people will generate.

DESCRIPTION
This charming three-storey mid-terrace property, dating back to the early to mid-19th century, previously home to Clarks shoe shop, the premises provide a generous retail area on the ground floor, accompanied by two separate stockrooms for convenient storage. The first floor features a spacious main storeroom, along with three smaller storage areas, offering ample space for inventory or flexible usage. On the second floor, you'll find three individual offices, a dedicated staff room, a kitchen, and WC facilities. Making this an ideal setup for a business looking to combine retail, storage, and administrative functions within one property.

ACCOMMODATION
We calculate the approximate net internal floor areas to be:

Ground Floor 141 sq m (1,517 sq ft)
First Floor 121 sqm (1,302 sq ft )
Second Floor 99 sq m (1,065 sq ft)

Total 361 sq m (3,885 sq ft)

EPC Rating - Awaiting EPC

The rateable value of the premises as at 1 April 2023 is £24,500 and the estimated rates payable for the current year is £12,225.50. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested
parties should confirm the current position with the Local Authority.

Available by way of new FRI lease terms at an asking rent of £30,000 (Thirty Thousand Pounds) per annum

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Each party is to bear their own legal costs involved in the transaction.

In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.

For viewing and further information please contact:

Michael McGhin
T:
E: michael.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

King Street, South Shields, NE33

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

About Bradley Hall, Newcastle Upon Tyne

1 Hood Street, Newcastle Upon Tyne, NE1 6JQ

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference SND250046_L. 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 Bradley Hall, Newcastle Upon Tyne. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.