Pattinson.co.uk - Tel: 0191 239 3252
retail in NE33 Two Floor A1 Retail Unit Tenanted Investment Westoe Road, South Shields Let for £9,000 PA Tyne and Wear, NE33 3PF NIA 85.57sqm (921sqft) Very Popular Location £85,000 Starting Bid Freehold Title
Pattinson.co.uk - Tel: 0191 239 3252 Summary - Property Type: Retail - Parking: On Street Price: £85,000
Description FOR SALE BY ONLINE AUCTION. Terms and conditions apply.
We are pleased to offer to auction this tenanted A1 retail unit, excellently situated along the popular Westoe Road, South Shields. The unit comprises two floors (ground floor and basement) within a three floor brick-built building. The ground floor consists of main sales area, storage and kitchen, with further storage space to the basement. The property is tenanted for £9,000 per annum, offering a great investment opportunity.
Location The subject property is located within Westoe Road around quarter of a mile outside South Shields main town centre. Westoe Road is one of the primary routes into the town from the east and is made up of various commercial businesses and residential property.
Accommodation GROUND FLOOR Main sales area: 28.70sqm Internal storage: 18.40sqm Kitchen: 11.90sqm
BASEMENT Storage one: 15.55sqm Storage two: 11.02sqm
NIA 85.57sqm (921sqft)
Lease Details The property is let for £9,000 per annum on a ten year lease with no breaks, with a rent review every three years (first rent review to be on 2nd August 2021), which commenced in August 2018.
Tenure Freehold. Title number TY222454.
Rateable Value The adopted rateable value is £4,850 as of 1st April 2017. Sourced from VOA.
EPC Availale upon request.
Additional Information For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on [email protected]. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest. Westoe Road, South Shields, Tyne and Wear, NE33 3PF Contact your local branch today for more information on this property: Keith Pattinson Silverlink, Wallsend, Tyne and Wear, NE28 9NY, Tel: 0191 737 1154 , www.pattinson.co.uk
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
Pattinson.co.uk - Tel: 0191 239 3252