Property photos
Guide price
£80,000
Retail premises for sale
Horsley Hill Road, South Shields NE33Local area information
Property location
Nearby amenities
- Westoe Crown Primary School 0.5 miles
- Laygate Community School 0.5 miles
- South Shields Ferry Terminal 1 mile
- Newcastle International Ferry Terminal 1.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for South Shields to find out more about the local area.
Features and description
- Undergone several key improvements including a new roof, new windows, and a full electrical rewire
- In a well-established and busy residential area
- Offered with vacant possession
- Generous shop floor
Summary
A superb opportunity to purchase a freehold retail premises located in a well-established and busy residential area. The property is offered with vacant possession and is ready to occupy, making it ideal for a wide range of retail or service-based businesses.
The building has recently undergone several key improvements including a new roof, new windows, and a full electrical rewire. Security shutters provide added protection, and the premises include a generous shop floor, two separate storage areas, and a kitchenette to the rear.
This is an ideal opportunity for an owner-occupier or investor seeking a versatile and well-presented commercial unit in a high-demand area. Early viewing is recommended to fully appreciate the potential on offer
Shop Floor - 13.15 x 4 (43'1" x 13'1") - Generous shop floor that has under gone some key improvements of which include, new re wire, lighting and decoration.
Kitchen - 4.05 x 1.3 (13'3" x 4'3") - Stainless steel sink and units for storage
Storage Room 1 - 2.25 x2 (7'4" x6'6") - Storage area with ample shelving
Storage Room 2 - 2.25 x 3.75 (7'4" x 12'3") - Storage area with ample shelving and external door with shutters.
Wc -
Location
A superb opportunity to purchase a freehold retail premises located in a well-established and busy residential area
Accommodation
Shop Floor - 13.15 x 4 (43'1" x 13'1") - Generous shop floor that has under gone some key improvements of which include, new re wire, lighting and decoration.
Kitchen - 4.05 x 1.3 (13'3" x 4'3") - Stainless steel sink and units for storage
Storage Room 1 - 2.25 x2 (7'4" x6'6") - Storage area with ample shelving
Storage Room 2 - 2.25 x 3.75 (7'4" x 12'3") - Storage area with ample shelving and external door with shutters.
Tenure
Freehold. Title number TY167924
Rateable Value
The adopted rateable value is 4,950 as of 1 April 2023. Sourced from voa
EPC
We currently await a copy of the EPC
Additional Information
For further information plkease contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
A superb opportunity to purchase a freehold retail premises located in a well-established and busy residential area. The property is offered with vacant possession and is ready to occupy, making it ideal for a wide range of retail or service-based businesses.
The building has recently undergone several key improvements including a new roof, new windows, and a full electrical rewire. Security shutters provide added protection, and the premises include a generous shop floor, two separate storage areas, and a kitchenette to the rear.
This is an ideal opportunity for an owner-occupier or investor seeking a versatile and well-presented commercial unit in a high-demand area. Early viewing is recommended to fully appreciate the potential on offer
Shop Floor - 13.15 x 4 (43'1" x 13'1") - Generous shop floor that has under gone some key improvements of which include, new re wire, lighting and decoration.
Kitchen - 4.05 x 1.3 (13'3" x 4'3") - Stainless steel sink and units for storage
Storage Room 1 - 2.25 x2 (7'4" x6'6") - Storage area with ample shelving
Storage Room 2 - 2.25 x 3.75 (7'4" x 12'3") - Storage area with ample shelving and external door with shutters.
Wc -
Location
A superb opportunity to purchase a freehold retail premises located in a well-established and busy residential area
Accommodation
Shop Floor - 13.15 x 4 (43'1" x 13'1") - Generous shop floor that has under gone some key improvements of which include, new re wire, lighting and decoration.
Kitchen - 4.05 x 1.3 (13'3" x 4'3") - Stainless steel sink and units for storage
Storage Room 1 - 2.25 x2 (7'4" x6'6") - Storage area with ample shelving
Storage Room 2 - 2.25 x 3.75 (7'4" x 12'3") - Storage area with ample shelving and external door with shutters.
Tenure
Freehold. Title number TY167924
Rateable Value
The adopted rateable value is 4,950 as of 1 April 2023. Sourced from voa
EPC
We currently await a copy of the EPC
Additional Information
For further information plkease contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Floor plans and tours
Floor plans (1)
More information
Listed by
Pattinson - Commercial
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