Guide price
£135,000
Detached house for sale54 - 56 King Street, South Shields, Tyne And Wear NE33
Just added
Auction
About this property
For sale by online auction on Tuesday, 14 Oct 2025 ending at 13:06
Prominent High Street Investment with Planning for Residential Conversion!
**viewings available on request**
A prime town centre residential redevelopment opportunity located on the pedestrianised section of King Street, South Shields. The property comprises a vacant retail unit arranged over four floors and is offered with the benefit of prior approval for Class ma change of use to apartments (C3) on the upper levels. In addition, full planning permission has been granted for shopfront replacement, rooflights and a lantern rooflight, along with the conversion of the upper floors to form three residential apartments. The ground floor remains designated for retail use and requires refurbishment. The building extends to approximately 227 sq m (2,422 sq ft).
Situated in the heart of South Shields town centre, the property occupies a prominent position on the main high street, surrounded by established national retailers. South Shields is a coastal town approximately 12 miles east of Newcastle upon Tyne, well connected by the nearby A194 and B1344, which provide direct routes to the A19 and A1(M).
Planning reference: St/0076/23/ful
Buyers must do their own research. All planning documents are included in the legal pack.Tenure: See Legal Pack
Portrait Video Tour
False
Additional Fees
Administration Charge - £3600 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Prominent High Street Investment with Planning for Residential Conversion!
**viewings available on request**
A prime town centre residential redevelopment opportunity located on the pedestrianised section of King Street, South Shields. The property comprises a vacant retail unit arranged over four floors and is offered with the benefit of prior approval for Class ma change of use to apartments (C3) on the upper levels. In addition, full planning permission has been granted for shopfront replacement, rooflights and a lantern rooflight, along with the conversion of the upper floors to form three residential apartments. The ground floor remains designated for retail use and requires refurbishment. The building extends to approximately 227 sq m (2,422 sq ft).
Situated in the heart of South Shields town centre, the property occupies a prominent position on the main high street, surrounded by established national retailers. South Shields is a coastal town approximately 12 miles east of Newcastle upon Tyne, well connected by the nearby A194 and B1344, which provide direct routes to the A19 and A1(M).
Planning reference: St/0076/23/ful
Buyers must do their own research. All planning documents are included in the legal pack.Tenure: See Legal Pack
Portrait Video Tour
False
Additional Fees
Administration Charge - £3600 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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