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COMMERCIAL

57-77 Park View, Whitley Bay NE26 3RL

Guide Price
£1,000,000
Savills Auctions, London
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • To be offered on Wednesday 22 April
  • Prominent Freehold Parade Investment
  • Comprising 10 shops with self-contained uppers
  • Arranged over 7,321 sq ft
  • Vacant upper floor maybe suitable redevelopment subject to all consents
  • Lapsed consent to convert the first floor into 6 flats
  • VAT is not applicable
  • Total Current Rents Reserved £115,100 per annum (reflecting 11.51% GIY Plus 3,036 sq ft vacant)

Description

StrapLine

Auction Sale - 21/04/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website

A prominent freehold retail parade arranged to provide 10 shops with self-contained uppers, vacant and with development potential. Total current rents £115,100 p.a.


Description

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

To the rear is an extensive service yard.


Location

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.


Transport

Road - Whitley Bay benefits from strong road connections, with the A1058 Coast Road providing direct access to Newcastle upon Tyne and the 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.


Tenancy

Please see the below Schedule of Accommodation and Tenancies


Accommodation

Please see the below Schedule of Accommodation and Tenancies


Planning

Planning was previously approved and has now lapsed for the conversion of the first floor into 6 residential dwellings (ref: 16/01859/FUL)


The property maybe suitable for redevelopment subject to all necessary consents. All enquiries in this regard should be made with the local authority, North Tyneside Council.

Website:


57-77 Park View, Whitley Bay NE26 3RL

Approximate location

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
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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 221-21206. 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 Auctions, London. 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.

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 Savills Auctions, London on 020 3909 6715.

*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.”

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