FOR SALE BY WAY OF ONLINE AUCTION - ON 26TH OF FEBRUARY 2026. Terms and Conditions apply. See Agents Property Auctions Website for full details.

This corner unit should appeal to a range of buyers looking for versatile space within this popular area. The unit is offered sold vacant, allowing an incoming purchaser immediate occupation or the opportunity to reposition or adapt the property to suit their needs. Also benefiting from Planning Permission to convert into a ground floor studio apartment. This property will appeal to owner occupiers, investors, and businesses seeking flexible accommodation in a well connected South Shields location.

Property type: A1/A2 Retail and Financial/Professional services
Total floor area: 52 square metres. Current 1 April 2023 to present £2,550 Rateable value Future from 1 April 2026 £2,650
MAIN SHOP AREA 4.32m (14'2) x 4.24m (13'11)

ADDITIONAL FLOOR AREA 1.96m (6'5) x 3m (9'10)

OFFICE 2.29m (7'6) x 1.96m (6'5)

REAR OFFICE 1.88m (6'2) x 4.42m (14'6)

CLOAKS W.C.

YARD


Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000.00+VAT (total £2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel:
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
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Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.