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24 Frederick St 1,008 SF 100% Leased Retail Building South Shields NE33 5EA $166,836 ($165.51/SF)


EXECUTIVE SUMMARY
An excellent opportunity to acquire a substantial mixed-use freehold property situated in a well-established commercial and residential location in the heart of South Shields. Frederick Street is a vibrant mixed retail and residential area, popular with local businesses and conveniently located within easy reach of South Shields town centre, the Metro system, and major road links including the A19 and Tyne Tunnel, providing easy access to Newcastle, Sunderland, and surrounding areas.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,008 SF
Year Built
1955
Price
$166,836
Price Per SF
$165.51
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
9’
Frontage
23’ on Frederick St
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NEARBY MAJOR RETAILERS
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24 Frederick St
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