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24 Frederick St 1,008 sq ft 100% Let Retail Property South Shields NE33 5EA £125,000 (£124.01/sq ft)


EXECUTIVE SUMMARY
An excellent opportunity to acquire a substantial mixed-use freehold property situated in a well-established commercial and residential location in the heart of South Shields. Frederick Street is a vibrant mixed retail and residential area, popular with local businesses and conveniently located within easy reach of South Shields town centre, the Metro system, and major road links including the A19 and Tyne Tunnel, providing easy access to Newcastle, Sunderland, and surrounding areas.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,008 sq ft
Year Built
1955
Price
£125,000
Price per sq ft
£124.01
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Floor To Floor Height
9 ft
Frontage
23 ft on Frederick St
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NEARBY MAJOR RETAILERS
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24 Frederick St
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