Commercial Property in NE29 available for sale
8

Commercial Properties for Sale near NE29, North Shields

Commercial Properties for Sale Within 5 miles of the NE29, North Shields

More details for 1-5 Queen St, South Shields - Retail for Sale

1-5 Queen St

South Shields, NE33 1HL

  • Retail for Sale
  • £105,000
  • 4,646 sq ft
  • Energy Performance: C
  • Security System

South Shields Retail for Sale

An excellent opportunity to acquire a substantial freehold commercial property in a prominent position within South Shields, Tyne and Wear. <br/> <br/>The property is arranged over ground, first and second floors and was most recently used as a gym / fitness studio. The building offers well-proportioned and versatile internal accommodation, making it suitable for a wide variety of alternative uses, subject to obtaining the necessary planning consents. <br/> <br/>The premises will be sold with vacant possession, allowing an incoming purchaser to occupy, re-let or redevelop to suit their requirements. <br/> <br/>Accommodation <br/>- Ground Floor <br/>- Private ground floor entrance from Queen Street <br/>- Staircase access leading to the upper floors <br/> <br/>First Floor <br/>- Reception / welcome area <br/>- Large open studio / training space <br/>- Separate private room (suitable for office, treatment room or consultation space) <br/>- Kitchen / lounge staff area <br/>- WC facilities <br/>- Shower facilities <br/> <br/>Second Floor <br/>- Full floor open studio space providing a large, flexible area suitable for fitness, studio, office or alternative commercial uses. <br/>- Development / Alternative Use Potential <br/>- The layout and size of the building make it suitable for a range of commercial or redevelopment opportunities, subject to any required permissions, including: <br/>- Fitness / gym facility <br/>- Dance or yoga studio <br/>- Office or creative workspace <br/>- Training / education centre <br/>- Health and wellbeing facility <br/>- Conversion to residential apartments (subject to planning) <br/>- The property offers strong potential for repositioning or refurbishment to maximise its value. <br/> <br/>Location <br/> <br/>The property occupies a central position on Queen Street within South Shields, close to the town centre and within easy reach of local amenities, retail units and transport links. <br/> <br/>The area benefits from strong connectivity to surrounding towns including *Newcastle upon Tyne and Sunderland, making it an attractive location for business and commercial activity.<br/><br/>

Contact:

Pattinson Commercial

Property Subtype:

Shopfront

Date on Market:

12/03/2026

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More details for 196 Green Ln, South Shields - Retail for Sale

196 Green Ln

South Shields, NE34 0TQ

  • Retail for Sale
  • £350,000
  • 676 sq ft
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More details for 2 Red Hall Dr, Newcastle Upon Tyne - Retail for Sale

2 Red Hall Dr

Newcastle Upon Tyne, NE7 7LH

  • Retail for Sale
  • £10,000
  • 481 sq ft
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More details for INFINITY PORTFOLIO – Industrial for Sale

INFINITY PORTFOLIO

  • Industrial for Sale
  • £34,970,000
  • 427,189 sq ft
  • 3 Industrial Properties
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More details for 1-3 Heaton Rd, Newcastle Upon Tyne - Retail for Sale

1-3 Heaton Rd

Newcastle Upon Tyne, NE6 1SA

  • Retail for Sale
  • £600,000
  • 10,460 sq ft
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FAQs about Commercial Properties For Sale in NE29

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How many Commercial Property listings are available for sale in NE29?
There are currently 0 Commercial Properties available for sale near NE29. These NE29 Commercial Property listings have an average size of. The largest available listing in NE29 is. The thriving commercial centre and excellent transport links in NE29 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in NE29?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in NE29 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in NE29?
There is a diverse range of commercial properties available in NE29 to suit various business needs. NE29 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 NE29 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the NE29, North Shields

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