Property photos
£12,000 pa
(£4.45/sq. ft. pa)
Office to let
Fowler Street, South Shields NE332,698 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- St Bede's RC Voluntary Aided Primary School, South Shields 0.1 miles
- Marine Park Primary School 0.2 miles
- South Shields Ferry Terminal 0.4 miles
- Newcastle International Ferry Terminal 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Extremely Prominent position opposite Town Hall
- Former Estate Agent Office
- Double fronted display windows
- Large upper floor office content
- Lots of passing traffic
Location
The property is located within South Shields Town Centre in an extremely prominent position on Fowler Street opposite South Shields Town Hall. The property is on a main bus route and there is also ample parking within the immediate vicinity.
Description
Ground floor sales shop with window display to 2 sides. There are cellular offices to the first floor together with further storage to the second floor. Has been an Estate Agents Office for a long number of years but suitable for a number of uses.
Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor
Office 503 46.73
First Floor
Offices 1672 155.33
Second Floor
Stores 523 48.59
Tenure
A new Lease is available at a commencing annual rental of £12,000 for a term of years to be agreed (minimum 3 years) on an effective Fri basis subject to 3 yearly Rent Reviews.
VAT
The rent is not subject to VAT.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Marc Weaver or Alexa Reavley
•
•
• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £7,600. The Uniform Business Rate for the Rates Year 2024/2025 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.
Based upon this assessment and subject to meeting certain criteria the tenant may be eligible for 100% Business Rates relief. Please contact the non-domestic rating department of the Local Authority for clarification
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref
C4245
EPC
Energy Rating 77/D
The property is located within South Shields Town Centre in an extremely prominent position on Fowler Street opposite South Shields Town Hall. The property is on a main bus route and there is also ample parking within the immediate vicinity.
Description
Ground floor sales shop with window display to 2 sides. There are cellular offices to the first floor together with further storage to the second floor. Has been an Estate Agents Office for a long number of years but suitable for a number of uses.
Accommodation
The property briefly comprises as follows:-
ft2 m2
Ground Floor
Office 503 46.73
First Floor
Offices 1672 155.33
Second Floor
Stores 523 48.59
Tenure
A new Lease is available at a commencing annual rental of £12,000 for a term of years to be agreed (minimum 3 years) on an effective Fri basis subject to 3 yearly Rent Reviews.
VAT
The rent is not subject to VAT.
Costs
Each party will be responsible for their own Legal Fees incurred in the transaction.
Viewing
Contact – Marc Weaver or Alexa Reavley
•
•
• Rateable Value (rv)
The Valuation Office has confirmed the current Rateable Value is £7,600. The Uniform Business Rate for the Rates Year 2024/2025 is 49.9p. If necessary, a written request should be made to the Local Authority for confirmation.
Based upon this assessment and subject to meeting certain criteria the tenant may be eligible for 100% Business Rates relief. Please contact the non-domestic rating department of the Local Authority for clarification
Money Laundering Regulations
In accordance with Anti –Money Laundering Regulations, the Purchaser/Tenant will be required to provide 2 forms of identification together with confirmation of the source of funding.
Disclaimer
None of the equipment or systems within the premises have been tested by the Agent and it is the responsibility of the Purchaser/Lessee to ensure that they are in working order.
Ref
C4245
EPC
Energy Rating 77/D
More information
Listed by
Lofthouse and Partners Ltd
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