Retail in NE29 available for sale
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Retail Property for Sale near the NE29, North Shields

Explore the Latest NE29 Retail Properties for Sale

More details for 76-78 Church Way, North Shields - Retail for Sale

76-78 Church Way

North Shields, NE29 0AA

  • Retail for Sale
  • £12,000
  • 1,588 sq ft

North Shields Retail for Sale

<b>Location</b> - The subject property occupies a prominent position within North Shields town centre in Tyne & Wear located on Church Way in the north of the town centre. North Shields is a large town on the north east coast of England providing a wide range of services and facilities to sizable population and surrounding communities approximately nine miles west of Newcastle upon Tyne.<br/><br/><b>Description</b> - Bar - Restaurant premises To Let. Split over two floors the premises has a fully fitted commercial kitchen, separate male and female washrooms, reception, bar and dining area. The unit itself is presented to a good modern standard.<br/><br/><b>Accomodation</b> - TOTAL ACCOMODATION 133SQM (1431.63SQFT)<br/><br/><b>Ground Floor</b> - 75sqm (807.31sqft)<br/><br/><b>First Floor</b> - 58sqm (624sqft)<br/><br/><b>Term</b> - The property is available by way of a new full repairing and insuring lease arrangement for a minimum term of three years. The proposed tenants should ensure that they seek legal advice to confirm the nature and extent of their obligations when entering in to this form of legal obligation prior to signing a tenancy agreement.<br/><br/><b>Rent</b> - Our clients are seeking an annual rent of £12,000 per annum. This will be paid monthly in advance. A damage deposit may also be required.<br/><br/><b>Energy Performance Certificate</b> - The EPC rating for the property is * (*). A full copy of the report is available upon request.<br/><br/><b>Planning</b> - We understand that the premises have planning permission for use as a Bar/Restaurant as designated under class E(b) of the Town and Country (Use Classes) Order 1987 (as amended)<br/><br/><b>Rating Liability</b> - According to the Valuation Office Agency (VOA) website and the premises has a Rateable Value of £10,000.<br/><br/><b>Legal Costs</b> - Each party will be responsible for their costs in the transaction/or pay landlord costs.<br/><br/><b>Client Monies Protection Scheme</b> - R A Jackson & Son LLP is a proud member of the RICS. The RICS Client Money Protection for Residential Agents scheme has been approved by Government under the The Client Money Protection Schemes for Property Agents (Approval and Designation of Schemes) Regulations 2018. This means that RICS registered firms holding money in the areas covered by the regulations, will have met the requirements under The Client Money Protection Scheme for Property Agents Regulations (2018) to belong to an approved scheme. Further information <br/><b>Property Redress Scheme</b> - R A Jackson & Son LLP are part of The Property Ombudsman. Membership number T01923.<br/><br/>

Contact:

RA Jackson & Sons

Property Subtype:

Restaurant

Date on Market:

28/11/2025

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

More details for 24 Frederick St, South Shields - Retail for Sale

24 Frederick St

South Shields, NE33 5EA

  • Retail for Sale
  • £125,000
  • 1,008 sq ft
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More details for 198-200 High St E, Wallsend - Retail for Sale

198-200 High St E

Wallsend, NE28 7RP

  • Retail for Sale
  • £280,000
  • 1,950 sq ft
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More details for 25 Gainsborough Ave, South Shields - Retail for Sale

The Fad - 25 Gainsborough Ave

South Shields, NE34 8JN

  • Retail for Sale
  • £210,000
  • 4,291 sq ft
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More details for 101-103 Fulwell Av, South Shields - Retail for Sale

The Jolly Steward - 101-103 Fulwell Av

South Shields, NE34 7DF

  • Retail for Sale
  • £495,000
  • 3,509 sq ft
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FAQs about Retail property for sale in NE29

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in NE29?
There are currently 1 Retail Properties available for sale near NE29. These NE29 Retail 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 Retail Property for sale.
How much does it cost to buy Retail Property in NE29?
The average price/SF for Retail Property for sale in NE29 is about. The cost per sq ft for Retail Property in NE29 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in NE29?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in NE29?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in NE29 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

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

With 1 retail units currently available for sale in NE29, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in NE29, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in NE29, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in NE29 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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