Prince Edward Road, South Shields, NE34 8PL
Under Offer - £10,000 per year
0 Bedroom 0 Bathroom 0 Reception
Commercial - Freehold
1 Photo
South Shields
Unfurnished
Key Features
- LOCK UP GROUND FLOOR SHOP UNIT TO LET
- POPULAR NOOK SHOPPING AREA
- LIMITED ON STREET FREE PARKING AVAILABLE
- AVAILABLE OCTOBER 2024
- 37 SQ M (399 SQ FT) APPROX.
- RENT £10,000 P.A.
- EPC RATING C
Summary
WE ARE PLEASED TO OFFER FOR RENT A GROUND FLOOR LOCK UP SHOP UNIT SITUATED ON THIS BUSY AND POPULAR SECONDARY SHOPPING LOCATION IN SOUTH SHIELDS WHICH INCLUDES A WIDE VARIETY OF NEARBY OCCUPIERS INCLUDING TESCO EXPRESS AND SUBWAY ALONG WITH SAINSBURYS AND BOOTS IN THE ADJOINING PARADE. THE UNIT HAS BEEN OCCUPIED FOR MANY YEARS BY A FIRM OF LOCAL OPTICIANS WHO WILL BE VACATING THE PREMISES AT THE END OF SEPTEMBER 2024. THE UNIT INCLUDES THE MAIN SHOP 23 SQ M (247 SQ FT), REAR STORE 7.37 SQ M (80 SQ FT), KITCHEN AND W.C. AS WELL AS A REAR YARD, SUBJECT TO A SHARED RIGHT OF ACCESS. THERE IS FREE SHORT TERM PARKING AVAILABLE IN FRONT OF THE SHOP AT THE SOUGHT AFTER 'NOOK' SHOPPING PARADE. THE PREMISES WILL BE AVAILABLE ON LEASE TERMS TO BE AGREED. RENTAL £10,000 PER ANNUM ON F.R.I. TERMS EXCLUSIVE OF RATES.
Full Description
LOCATION
A GROUND FLOOR LOCK UP SHOP UNIT SITUATED ON THIS BUSY AND POPULAR SECONDARY SHOPPING LOCATION WHICH INCLUDES A WIDE VARIETY OF NEARBY OCCUPIERS INCLUDING TESCO EXPRESS AND SUBWAY ALONG WITH SAINSBURYS AND BOOTS IN THE ADJOINING PARADE. THE UNIT HAS BEEN OCCUPIED FOR MANY YEARS BY A FIRM OF LOCAL OPTICIANS WHO WILL BE VACATING THE PREMISES AT THE END OF SEPTEMBER 2024. THE PREMISES SHOULD SUIT A VARIETY OF USES IN THIS HIGHLY VISIBLE LOCATION WELL PLACED FOR SOUTH SHIELDS AND SURROUNDING AREAS WITH GOOD ACCESS TO MAJOR ROUTES INCLUDING THE TYNE TUNNEL.
DESCRIPTION
THE UNIT INCLUDES:
THE MAIN SHOP 23 SQ M (247 SQ FT)
REAR STORE 7.37 SQ M (80 SQ FT)
KITCHEN AND W.C.
THERE IS ALSO A REAR YARD, SUBJECT TO A SHARED RIGHT OF ACCESS WITH THE TENANT AT THE PREMISES ABOVE.
THERE IS FREE SHORT TERM PARKING AVAILABLE IN FRONT OF THE SHOP AT THE SOUGHT AFTER 'NOOK' SHOPPING AREA OF SOUTH SHIELDS.
VIEWING
STRICTLY BY APPOINTMENT VIA THE AGENTS.
RATING ASSESSMENT
CURRENT RATEABLE VALUE £5,200 (1st April 2023 to present)
The current uniform business rate (UBR) for the year 2024/25 is 49.9p in the pound.
Interested parties should verify this information by contacting South Tyneside Council direct.
TENURE
THE PREMISES WILL BE AVAILABLE ON LEASE TERMS TO BE AGREED. RENTAL £10,000 PER ANNUM ON F.R.I. TERMS EXCLUSIVE OF RATES.
Reference: ANM1001961
Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Contact Andrew McLean Estate Agents for more details
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