A prime town centre residential redevelopment opportunity located on the pedestrianised section of King Street, South Shields. The property comprises a vacant retail unit arranged over four floors and is offered with the benefit of prior approval for Class MA change of use to apartments (C3) on the upper levels. In addition, full planning permission has been granted for shopfront replacement, rooflights and a lantern rooflight, along with the conversion of the upper floors to form three residential apartments. The ground floor remains designated for retail use and requires refurbishment. The building extends to approximately 227 sq m (2,422 sq ft). Situated in the heart of South Shields town centre, the property occupies a prominent position on the main high street, surrounded by established national retailers. South Shields is a coastal town approximately 12 miles east of Newcastle upon Tyne, well connected by the nearby A194 and B1344, which provide direct routes to the A19 and A1(M). Planning reference: ST/0076/23/FUL Buyers must do their own research. All planning documents are included in the legal pack.Tenure: See Legal Pack

Portrait Video Tour

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Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

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.