




50-52 King Street, South Shields, Tyne & Wear NE33 1HZ
South Shields
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Listing summary
Freehold Retail Investment Let to Veterans At Ease on a 10 year lease from July 2021, expiring July 2031. Comprises approximately 383.12 sq m (4,124 sq ft) Investment let at £15,000 pa (12.50% GIY on Guide Price)
Description
The property comprises a substantial four storey building arranged as a ground floor shop together with ancillary accommodation on the first, second and third floors Freehold Retail Investment Let to Veterans At Ease on a 10 year lease from July 2021, expiring July 2031. Comprises approximately 383.12 sq m (4,124 sq ft) Investment let at £15,000 pa (12.50% GIY on Guide Price) Please note the approximate areas have been provided by the VOA/Vendor/EPC and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. Ground - 133.30 sq m (1,435 sq ft) First - 161.81 sq m (1,742 sq ft) Second -...
Opportunity details
- Asset type
- Commercial
- Sale type
- Auction
- Guide price
- £120,000
- Auction date
- 09 Jun 2026
- Occupancy
- occupied
- City or area
- South Shields
- Region
- United Kingdom
- Country
- United Kingdom
- Last seen
- 26 May 2026
- First seen
- 21 May 2026
- Source name
- Savills Property Auctions
- Source domain
- auctions.savills.co.uk
- Source listing ID
- 22655
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