From
£15,000 pa
(£8.60/sq. ft. pa)
Retail premises to letOcean Road, South Shields NE33
From 1,745 - 3,906 sq. ft
About this property
Situation
The unit occupies a prominent position facing the busy pedestrian junction of Mile End Road, King Street, and Ocean Road, surrounded by a mix of national and independent retailers, as well as leisure operators.
South Shields is undergoing significant town centre regeneration, with improvements to the public realm and the redevelopment of vacant properties into residential use. The relocation of South Tyneside College to King Street is also expected to drive increased footfall and revitalise the surrounding area.
Accommodation
Arranged over ground, first, and second floors with loading provisions to the rear.
Ground Floor Sales 136 m² 1745 ft²
First Floor 102 m² 1094 ft²
Second Floor 99 m² 1069 ft²
Price
Freehold offers in excess of £130,000 excusive are invited.
A new Full Repairing & Insuring lease for a term to be agreed is available at £15,000 per annum exclusive.
EPC
The property has a Energy Performance Certificate of E 108. A copy of the EPC is available upon request.
Business rates
Rateable Value £13,250
2025/2026 ubr £0.499
Estimated Rates Payable £6,611.75
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
Aml
All Bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Viewing
For enquiries, viewing, and general information, please contact:
Oliver Sunderland
E:
M: Sarah Hart
E:
M:
The unit occupies a prominent position facing the busy pedestrian junction of Mile End Road, King Street, and Ocean Road, surrounded by a mix of national and independent retailers, as well as leisure operators.
South Shields is undergoing significant town centre regeneration, with improvements to the public realm and the redevelopment of vacant properties into residential use. The relocation of South Tyneside College to King Street is also expected to drive increased footfall and revitalise the surrounding area.
Accommodation
Arranged over ground, first, and second floors with loading provisions to the rear.
Ground Floor Sales 136 m² 1745 ft²
First Floor 102 m² 1094 ft²
Second Floor 99 m² 1069 ft²
Price
Freehold offers in excess of £130,000 excusive are invited.
A new Full Repairing & Insuring lease for a term to be agreed is available at £15,000 per annum exclusive.
EPC
The property has a Energy Performance Certificate of E 108. A copy of the EPC is available upon request.
Business rates
Rateable Value £13,250
2025/2026 ubr £0.499
Estimated Rates Payable £6,611.75
Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
Costs
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
Aml
All Bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Viewing
For enquiries, viewing, and general information, please contact:
Oliver Sunderland
E:
M: Sarah Hart
E:
M:
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