£160,000

Retail premises for sale

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Sold STC

Guide price

£160,000

Retail premises for sale

Westoe Road, South Shields NE33

Local area information

Property location

Nearby amenities

  • Laygate Community School 0.2 miles
  • St Bede's RC Voluntary Aided Primary School, South Shields 0.3 miles
  • South Shields Ferry Terminal 0.7 miles
  • Newcastle International Ferry Terminal 0.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for South Shields to find out more about the local area.

Features and description

Summary

Presenting a unique investment opportunity on the popular Westoe Road, South Shields. This freehold property comprises a ground-floor commercial unit with basement and an expansive four-bedroom upper maisonette, both offered with vacant possession. Situated in a prime location, this property is ideal for investors seeking rental income or business owners desiring a combined commercial and residential space.

Ground-Floor Commercial Unit:
Versatile Space: The commercial unit offers a spacious layout suitable for various business ventures, including retail, office, or service-oriented enterprises. Located on the bustling Westoe Road, the unit benefits from high visibility and foot traffic, enhancing business exposure. A private entrance, ensuring convenience for both customers and staff.

Upper Four-Bedroom Maisonette:
Generous Accommodation: The maisonette spans two floors, providing ample living space with four well-proportioned bedrooms, making it suitable for families or as a shared rental property.
Living Areas: Includes a comfortable lounge area and a spacious kitchen/diner, perfect for modern living requirements.
Bathrooms: Equipped with two bathrooms, enhancing convenience for occupants.
Condition: The property has been recently redecorated throughout, offering a fresh and welcoming atmosphere.
Connectivity: Excellent transport links with nearby bus routes and proximity to Chichester Metro Station, facilitating easy commutes to surrounding areas.
Coastal Proximity: A short distance from South Shields' renowned coastline, offering leisure opportunities and scenic views.

Investment Potential:
The combination of a commercial unit and a spacious residential maisonette presents a dual-income opportunity. The property's location on Westoe Road, a sought-after area in South Shields, further enhances its appeal to potential tenants and business owners. Comparable properties in the vicinity have demonstrated strong market performance, indicating a promising return on investment.

This property offers a rare opportunity to acquire a mixed-use premises in a vibrant area of South Shields. With its vacant possession, it is ready for immediate occupation or rental. Whether you're an investor seeking a property with versatile income streams or a business owner looking for a combined commercial and residential space, 124 Westoe Road is a compelling prospect.

For further details or to arrange a viewing, please contact the local agent.

Location

The subject property is located within Westoe Road around quarter of a mile outside South Shields main town centre. Westoe Road is one of the primary routes into the town from the east and is made up of various commercial businesses and residential property.

Rateable Value

The adopted rateable value is 5000 as of 1st April 2023.
Sourced from voa.

Tenure

Freehold - Title number TY257724 E

EPC

Awaiting a copy of EPC

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Pattinson - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Tyne & Wear
  4. South Shields
  5. Westoe Road