50-52 King Street, 50-52 King Street, South Shields
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- Freehold Retail Investment
- Let to Veterans At Ease
- 10 year lease from July 2021, expiring July 2031
- Comprises approximately 383.12 sq m (4,124 sq ft)
- Rent review in July 2026
- Reflects a low rent of £3.64 psf
- Reflects a low capital value psf on guide price (£29.10 psf)
- Investment let at £15,000 pa (12.50% GIY on Guide Price)
Description
The property is located in a prominent position on the north side of King Street, less than 0.1 miles from South Shields Train Station. Nearby occupiers include B&M, Argos, Barclays Bank, Santander, Sports Direct and Boots.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
Unclassified
- Environmental description
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Brochure
50-52 King Street, 50-52 King Street, South Shields
About Savills National , Savills Auctions- Commercial
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Disclaimer - Property reference 80414FF7-71E7-4F3C-9A42-23D814CF6EAB. 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 National , 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.