Retail To Let
48 King Street, South Shields, Tyne And Wear, NE33 1HZ
£2,084
To Let
Key Details
To Let
1,953
Retail
Commercial To Let
Property Description
The property is a large ground floor retail premise, and first floor office or storage accommodation.
Internally the premises benefit from new air conditioning systems, suspended ceilings and carpet covered floorings. The property also has accessible WCs, kitchen facilities and car parking at the rear of the property.
South Shields is a coastal town located approximately 4 miles South East of the Tyne Tunnel, 8 miles east of Newcastle upon Tyne and 9 miles North West of Sunderland. The town has a resident population of 75,300 persons widening to 150,000 persons in the South Tyneside district. (2021 Census).
The property occupies the best position on King Street, the town's principal pedestrianised retail thoroughfare, with nearby retailers including Santander, New Look, Card Factory, JD Sports, Vodafone, Sports Direct and Boots. The property benefits from convenient rear loading facilities.
On application.
According to the VOA the property has a rateable value of £18,250. Making rates payable £9,106.75 equating to £4.74psf.
Each party to be responsible for their own legal costs incurred in this transaction.
All rents, premiums and purchase prices quoted are exclusive of VAT. All offers are to be made to Naylors Gavin Black LLP on this basis and where silent, offers will be deemed net of VAT.