South Tyneside Parade, Westoe Road, South Shields, NE33

LOCATION

South Shields is situated approximately 9 miles to the West of Newcastle Upon Tyne on the North East Coast. The town enjoys good communications being situated close to the A19 trunk road and the rest of the regional road network and having excellent local public transport via the Shields ferry and its station on the Tyne & Wear Metro system.

The Borough of South Tyneside has a district population of approximately 152,785 (source 2001 Census). South Tyneside House is located on Westoe Road on the edge of the town in a mixed use local retail and residential area. With excellent frontage onto the main road and with existing offices and proposed residential above, the location offers an opportunity to add much needed amenity in this location. Nearby occupiers include Coop Funeral Care, Gym and the Town
Hall

DESCRIPTION

The premises comprise of a 4 storey building with residential on the upper two floors. The ground floor accommodation is suitable for new high street retail units.

The unit is currently in a shell condition and will require a prospective tenant to carry out their own fit out works. To reflect this, the landlord is willing to offer a considerable rent free period.

The property is available by way of a new FRI lease for a term of years to be agreed at a rental of £18,500 per annum.

The subject property can provide shop units from 1,000 sq ft - 2,500 sq ft, dependent on the level of space required.

Legal Costs

Each party to be responsible for their own legal costs incurred in this transaction.

ENERGY PERFORMANCE CERTIFICATE
An EPC will be available following landlord’s sub-division works.

PLANNING
The units will have the benefit of A1, A2 and A3 use. Restaurant and hot food takeaway is restricted.