Retail premises for sale in 13 And 15 Gilbert Street, South Shields, Tyne And Wear NE33
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
For sale by auction on Tuesday, 04 Jun 2024 at 12:00
Venue: Live Stream
Good investment property
Tenanted mixed use property comprising of a ground floor commercial unit currently trading as a takeaway shop producing an income of £800pcm. To the first floor with its own entrance is a two bedroom flat, recently refurbished to a high standard, tenanted at £675 pcm to a long standing tenant.
13 Gilbert Street - £675pcm
Landing with cupboard and WC
Lounge 12'3 x 11'4
Bedroom 11'3 x 8'6
Bathroom 8'6 x 5'6
Kitchen 10' x 9'
Bedroom 14' x 7'
15 Gilbert Street - £800pcm
Public area
Kitchen
Storage area
WC
EPC Rating: E C
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
For more information about this property, please contact
Auction House North East, TS1 on +44 1642 966201 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House North East, and do not constitute property particulars. Please contact Auction House North East for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.