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The Fad 25 Gainsborough Ave 4,291 SF Retail Building South Shields NE34 8JN $280,284 ($65.32/SF)
INVESTMENT HIGHLIGHTS
- Self-contained site of 0.248 acres
- The property is located in the Harton area of South Shields in South Tyneside
- Suitable for a variety of uses including convenience store subject to planning
EXECUTIVE SUMMARY
Price: £210,000 plus VAT - Assignment of long leasehold interest
The property is available by way of an assignment of an existing lease which is held for a term of 99 years from the 19th February 1964 expiring in 2063. A new lease may be available by separate negotiation.
The property is available by way of an assignment of an existing lease which is held for a term of 99 years from the 19th February 1964 expiring in 2063. A new lease may be available by separate negotiation.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
4,291 SF
Building Class
B
Year Built
1940
Price
$280,284
Price Per SF
$65.32
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.31 AC
1 1
NEARBY MAJOR RETAILERS
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The Fad | 25 Gainsborough Ave
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