Call the team on 0191 908 9691 for more information
SUBSTANTIAL FREEHOLD COMMERCIAL PREMISES WITH ESTABLISHED BUSINESS!
A rare opportunity to acquire a freehold commercial property in the heart of the redeveloping Laygate area of South Shields. This long-standing family butchers, established around 1865, spans four floors and is ideally positioned close to local amenities and modern housing developments. The premises benefit from on-street parking and currently generate average weekly takings of £3,000–£3,500. Offered as a turnkey business with all fixtures and fittings included, the property also presents strong potential for redevelopment or conversion to a mixed-use property, SSTP. The ground floor includes a front retail area and a rear preparation room with stainless steel sinks, a wash basin, and gas water heater, leading to a small office and stairs to the lower ground floor. This lower level offers front and rear storage, a separate W.C., and a built-in freezer. Upstairs, the first floor comprises several rooms with period features, including fireplaces and alcove storage. A half landing provides a W.C. with electric water heater, and the attic room offers additional storage space. Externally, there is a private rear yard. Held freehold, the property benefits from a re-slated roof and a burglar alarm system. This is an excellent opportunity for owner-occupiers, investors, or developers seeking a well-located site with income and development potential.
Tenure
See Legal Pack
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Solicitors
Stanton & Partners SSW Solicitors, 15 Beach Road, Ref: Stanton & Partners SSW Solicitors, Tel: 0191 427 0770
Offered in association with
Andrew McLean
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - £3600 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.