Key Details

Property Description

The property occupies one of the prime positions 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 has the benefit of being visible from both Fowler Street and King Street, with public transport and parking being closely available. Internally the property is arranged over five floors, with the ground floor currently a retail unit for Barclays Bank. The upper floors could be made available for various uses including the potential of residential conversion subject to contract.

The nearby development of the South Shields transport interchange makes the unit easily accessible, along with ample parking on Fowler Street and the Morrison's car park. The Masterplan Vision for South Shields sets out a framework for the future of the Town Centre over the next 10 years. It seeks to deliver a vibrant, attractive, and healthy town with a secure and sustainable future. A place where people want to live, work, study and socialise. 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).











E 119.

According to the VOA website the property has a rateable value of £40,000.

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.

• Location