From
£1,000,000
Property for salePark View, Whitley Bay NE26
About this property
To be offered on Wednesday 22 April
Prominent Freehold Parade Investment
Comprising 10 shops with self-contained uppers
Arranged over 7,321 sq ft
Vacant upper floor maybe suitable redevelopment subject to all consents
Lapsed consent to convert the first floor into 6 flats
VAT is not applicable
Total Current Rents Reserved £115,100 per annum (reflecting 11.51% giy Plus 3,036 sq ft vacant)
Auction Sale - 21/04/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A prominent freehold retail parade arranged to provide 10 shops with self-contained uppers, vacant and with development potential. Total current rents £115,100 p.a.
Description
The property is arranged over ground and first floors to provide 10 shops with self-contained upper parts accross all shop to provide further trading accommodation.
To the rear is an extensive service yard.
Location
57–75 Park View occupies a prominent position in the heart of Whitley Bay, a popular coastal town situated approximately 10 miles northeast of Newcastle upon Tyne. Park View is one of the town’s principal retailing parades, benefitting from strong footfall and a mix of established national and local occupiers.The property is well‐connected, with Whitley Bay Metro Station within easy walking distance, providing regular services across Tyneside, while the nearby A1058 Coast Road offers swift access to Newcastle city centre. The surrounding area has seen ongoing investment and regeneration, enhancing its appeal as a thriving retail and leisure destination close to the seafront.
Transport
Road - Whitley Bay benefits from strong road connections, with the A1058 Coast Road providing direct access to Newcastle upon Tyne and the wider Tyneside region. The A19 and A1(M) are also easily reached, offering convenient north–south links and connectivity to regional hubs.
Metro- The property is a short walk from Whitley Bay Metro Station, part of the Tyne and Wear Metro network. Regular services operate to Newcastle city centre, North Shields, Tynemouth, Sunderland and Newcastle International Airport, ensuring excellent commuter and visitor accessibility.
Bus- Park View is well served by local and regional bus routes connecting Whitley Bay with surrounding residential areas, coastal destinations, and key centres including Newcastle and North Tyneside. Stops are positioned along or immediately adjacent to the parade.
Air- Newcastle International Airport is accessible via the Metro (with one change at South Gosforth) or by road in approximately 25–30 minutes, providing domestic and international connectivity.
Tenancy
Please see the below Schedule of Accommodation and Tenancies
Accommodation
Please see the below Schedule of Accommodation and Tenancies
Planning
Planning was previously approved and has now lapsed for the conversion of the first floor into 6 residential dwellings (ref: 16/01859/ful)
The property maybe suitable for redevelopment subject to all necessary consents. All enquiries in this regard should be made with the local authority, North Tyneside Council.
Website:www.northtyneside.gov.uk
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