• FREEHOLD RETAIL OPPORTUNITY

     

  • BUSY MAIN ROAD FRONTAGE

     

  • SUITABLE FOR A VARIETY OF USES INCLUDING RESIDENTIAL

     

  • CONVERSION SUBJECT TO PLANNING APPROVAL

     

  • NIA: 79.40 M²  (854 SQ FT)

     

  • OFFERS INVITED OVER £80,000 (SUBJECT TO CONTRACT)

 

 

108 SHERIFFS HIGHWAY, GATESHEAD, TYNE & WEAR, NE9 4SD

LOCATION

The subject property is located on Old Durham Road which is the main route leading from Gateshead town centre towards the Queen Elizabeth Hospital and Wrekenton. The area is predominately residential and there are high levels of captive trade with significant passing trade

supported by on street parking.

 

DESCRIPTION

The property comprises a two storey mid terraced building which provides ground floor retail, storage and staff toilet and additional ancillary and storage accommodation to the first floor.

Externally there is an enclosed rear yard which is accessed on foot.

 

ACCOMMODATION

From onsite measurements the following

areas have been calculated (NIA):

 

Ground Floor Retail  Sales              43.80 m²

First Floor Accommodation           35.58 m²

 

Total NIA:   79.38 m²       (844 sq ft)

 

SERVICES

It is understood that all mains services are available to the site.

 

(All interested parties should satisfy themselves with the local service providers).

 

 

 

 

 

 

 

PLANNING

We understand that the premises have planning permission for use as A1 (retail) under the Town & Country Planning (Use Classes) order 1987 (as amended). The property has potential for residential conversion subject to receipt of planning approval.

All enquiries should be directed to Gateshead Council Planning Department Tel: 0191 433 3000.

 

RATING LIABILITY

From verbal discussions with the Local Rating Authority it is understood that the premises have been assessed at RV £2,550.

 

ENERGY PERFORMANCE CERTIFICATE

Full details upon request

 

TENURE

Freehold

 

PRICE

Offers are invited for the benefit of the freehold interest with vacant possession at an asking price of offers over £80,000 (subject to contract).

 

COSTS

Each party will be responsible for their own legal fees involved with the transaction.

 

VAT

VAT is not applicable.

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