2 Princess St 425 SF Retail Condo Unit Offered at $91,227 in Gateshead NE10 0QT

INVESTMENT HIGHLIGHTS

  • Free on street parking
  • Fixtures & fittings not included in sale
  • Suitable for a variety of uses.
  • Treatment Room within rear shop

EXECUTIVE SUMMARY

The property is located at the junction of Princess Street with Duke Street which runs off the A185. This is the main route linking Pelaw with Hebburn and Jarrow. The property is within a predominantly residential area but adjacent to the main shopping district and close to Lidl and Aldi supermarkets. Public transport links are good and Pelaw Metro Station is within a 5 minute walk as are the bus stops. The unit has operated as a hair salon for well over 40 years and is currently configured for that use. The property would be suitable for other uses, subject to any required consents.

PROPERTY FACTS

Price $91,227
Unit Size 425 SF
No. Units 1
Total Building Size 700 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Sale Type Owner User
Floors 1
Typical Floor Size 700 SF
Year Built 1990
Tenancy Single
Lot Size 0.02 AC

1 UNIT AVAILABLE

Unit Ground

Unit Size 425 SF
Price $91,227
Price Per SF $214.65
Condo Use Retail
Sale Type Owner User
Tenure Freehold
DESCRIPTION

Comprises a ground floor lock up unit forming part of a two storey end terraced property of traditional brick construction. Any business operation will benefit from the ample free street parking on the surrounding streets and the good road access.

SALE NOTES

Freehold Price £67,500.

NEARBY MAJOR RETAILERS

Lidl
Heron Foods
Co-op
Barclays Bank
ASDA
  • Listing ID: 34883497

  • Date on Market: 2/20/2025

  • Last Updated:

  • Address: 2 Princess St, Gateshead NE10 0QT