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The Fad 25 Gainsborough Ave 4,291 sq ft Retail Property South Shields NE34 8JN £210,000 (£48.94/sq ft)
INVESTMENT HIGHLIGHTS
- Self-contained site of 0.248 acres
- The property is located in the Harton area of South Shields in South Tyneside
- Suitable for a variety of uses including convenience store subject to planning
EXECUTIVE SUMMARY
Price: £210,000 plus VAT - Assignment of long leasehold interest
The property is available by way of an assignment of an existing lease which is held for a term of 99 years from the 19th February 1964 expiring in 2063. A new lease may be available by separate negotiation.
The property is available by way of an assignment of an existing lease which is held for a term of 99 years from the 19th February 1964 expiring in 2063. A new lease may be available by separate negotiation.
PROPERTY FACTS
Sale Type
Owner Occupier
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
4,291 sq ft
Costar Property Class
B
Year Built
1940
Price
£210,000
Price per sq ft
£48.94
Tenancy
Single
Number of Floors
1
Plot ratio
0.31
Total Plot Size
0.31 ac
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NEARBY MAJOR RETAILERS
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The Fad | 25 Gainsborough Ave
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