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57-77 Park View Whitley Bay NE26 3RL, 57-77 Park View, Whitley Bay

Guide Price
£1,000,000

£136.59 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

7,321 sq ft

680 sq m

SECTOR

Mixed use property for sale

Key features

  • Prominent Freehold Parade Investment
  • Arranged over 7,321 sq ft
  • Lapsed consent to convert the first floor into 6 flats
  • Current Rents Reserved £115,100 per annum (11.51% GIY Plus 3,036 sq ft vacant)
  • Comprising 10 shops with self-contained uppers
  • Vacant upper floor maybe suitable redevelopment subject to all consents
  • VAT is not applicable

Description

The property is arranged over ground and first floors to provide 10 shops with self-contained upper parts across all shop to provide further trading accommodation.

To the rear is an extensive service yard.

57–75 Park View occupies a prominent position in the heart of Whitley Bay, a popular coastal town situated approximately 10 miles northeast of Newcastle upon Tyne. Park View is one of the town’s principal retailing parades, benefitting from strong footfall and a mix of established national and local occupiers.The property is well connected, with Whitley Bay Metro Station within easy walking distance, providing regular services across Tyneside, while the nearby A1058 Coast Road offers swift access to Newcastle city centre. The surrounding area has seen ongoing investment and regeneration, enhancing its appeal as a thriving retail and leisure destination close to the seafront.


Road - Whitley Bay has strong road connections, A1058 Coast Road providing access to Newcastle upon Tyne and wider Tyneside region. The A19 and A1(M) are also easily reached, offering convenient north–south links and connectivity to regional hubs.

Metro- The property is a short walk from Whitley Bay Metro Station, part of the Tyne and Wear Metro network. Regular services operate to Newcastle city centre, North Shields, Tynemouth, Sunderland and Newcastle International Airport, ensuring excellent commuter and visitor accessibility.

Bus- Park View is well served by local and regional bus routes connecting Whitley Bay with surrounding residential areas, coastal destinations, and key centres including Newcastle and North Tyneside. Stops are positioned along or immediately adjacent to the parade.

Air- Newcastle International Airport is accessible via the Metro (with one change at South Gosforth) or by road in approximately 25–30 minutes, providing domestic and international connectivity.

Brochures

57-77 Park View Whitley Bay NE26 3RL, 57-77 Park View, Whitley Bay

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Whitley Bay Metro Station0.1 miles
  • Monkseaton Metro Station0.2 miles
  • Cullercoats Metro Station0.8 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference B266C7DA-E943-4841-9B39-C20FA2C6E6F1. 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 Savills, Savills Auctions- 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.

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