40 King Street, South Shields, South Tyneside

Offers in region of

£155,000

Size

3,881

Tenure

Freehold

EPC

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Parking

9

Primary use
High street retail
Other use(s)
Traditional office, High street retail, Shop, Other leisure
Frontage
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No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking

Key features

  • South Shields is situated at the mouth of the River Tyne
  • Approximately 12 miles east of Newcastle- Upon-Tyne
  • King Street is the prime pedestrianised retail thoroughfare in South Shields town centre
  • Metro Interchange is close by
  • Subject unit comprises return frontage, upper floors, basement and car parking
  • Total Area 3,381 sq ft
  • OIRO £155,000
  • RV £25,250
  • 9 car parking spaces
  • Retailers close by include New Look, JD Sports and Superdrug

Description

Location & Description:
South Shields is a coastal town in Tyne & Wear, situated at the mouth of the River Tyne and lying approximately 12 miles east of Newcastle- Upon-Tyne.

King Street is the prime pedestrianised retail thoroughfare in South Shields town centre and includes the Metro Interchange, located in close proximity to the property.

40 King Street is an imposing end building with a return frontage 3 upper floors plus basement located in the centre of the prime pitch.

Surrounding retailers include New Look, JD Sports and Superdrug.

The property also benefits from 9 car parking spaces within a private car park to the rear.

Demise:
Ground Floor 1,293 sq ft (120.13 sq m)
First Floor 1,024 sq ft (95.13 sq m)
Second Floor 799 sq ft (74.20 sq m)
Basement 765 sq ft (71.10 sq m)
Car Parking Spaces 9

Price:
Offers in the region of £155,000.

Tenure:
Freehold with vacant possession.

EPC:
Energy Performance Rating Assessment - B.

Legal & Professional Fees:
Each party are to bear their own costs.

VAT:
We have been informed by our client that the property is not elected for VAT. Buyer is to make their own investigation.

Rateable Value:
Rateable Value (April 2026) - £25,250.

In accordance with the current Anti-Money Laundering (AML) Regulations, the purchaser/occupier will be required to satisfy the Vendor and their agents regarding the source of the funds used to complete the transaction.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Floors in building
4
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

40 King Street, South Shields, South Tyneside

NEAREST STATIONS

London Tram

South Shields Metro Station

0.31 miles

London Tram

Chichester Metro Station

0.56 miles

London Tram

North Shields Metro Station

0.92 miles

About BARKER PROUDLOVE LIMITED, Leeds

BARKER PROUDLOVE LIMITED, Leeds

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Disclaimer - Property reference 40_King_Street. 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 BARKER PROUDLOVE LIMITED, Leeds. 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.