Next auction Thursday 20th June 2.30PM

4-6 King Street, South Shields, Tyne and Wear, NE33 1HT



Withdrawn
Withdrawn
Withdrawn
Guide price

£325,000+


Property Type

Commercial


Key Features

  • Prominent high street retail unit
  • Freehold vacant possession
  • 2,787 sq ft with further 4,460 sq ft ancillary

Part of the 18 June 2019 auction
Nottingham Racecourse at 2.30PM

Substantial vacant retail unit in the heart of South Shields town centre. Previously let to That's Entertainment, music & games shop.

  • Vacant retail unit with 2,787 sq ft of sales space
  • First floor: 1,999 sq ft
  • Second floor: 755 sq ft
  • Third floor: 1,435 sq ft
  • Basement: 271 sq ft
  • Prime retail location within South Shields
  • Previously let to That's Entertainment
  • Benefits from rear loading
  • Not measured by Auction Estates
  • Located approximately 3.7 miles from Newcastle City Centre
  • Ideal opportunity for variety of occupiers and investors

Please contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold with vacant possession

D

Email: jeb@scott-walby.com
Telephone: 01202 888 300

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