Commercial property for sale in Frederick Street, South Shields NE33

Situated at the heart of the re-developing laygate area of the town we are pleased to offer for sale A family butchers which was established around 1865. The premises which are spread over four floors are close to all the amenities of laygate and the surrounding modern housing estates. Benefitting from on street parking the business comes complete with all fixtures and fittings. Average takings are currently £3,000-£3,500 per week.

Front Shop (6.14m (20' 2") x 5.91m (19' 5"))

External roller shutters, fluorescent lighting, part tiled walls.

Rear Preparation Room (3.92m (12' 10") x 4.43m (14' 6"))

Double drainer twin bowl stainless steel sink unit, wash basin, Main Multipoint gas water heater, openings off to small office and stairs to lower ground floor.

Office (2.34m (7' 8") x 1.20m (3' 11"))

Stairs To Lower Ground Floor

And hallway leading to back door. The lower ground floor has front and rear store rooms, a separate w.c. With low level suite and a lean to offshoot housing a built in freezer.

Rear Room (4.33m (14' 2") x 3.98m (13' 1"))

Oak fireplace surround with tiled inset and open hearth, picture rail, alcove cupboard, offshoot room measuring 3.69m x 1.49m.

Front Room (4.85m (15' 11") x 4.09m (13' 5")into alcove)

Oak fireplace surround, picture rail.

Front Room (3.76m (12' 4") x 2.15m (7' 1"))

Stairs To Top Floor

With half landing w.c./wash basin off along with Redring electric water heater.

Attic Room (4.81m (15' 9") x 6.12m (20' 1"))

Original fireplace.

Exterior

The property has a yard to the rear.

Tenure

I am advised by the vendor that the property is Freehold. The sale is to include the property and business with fixtures and fittings.

Rating Assessment

A written request should be made to the local authority for confirmation of the rateable value. The uniform business rate for the year 2022-2023 is 49.9p in the pound. Interested parties should verify this information by contacting South Tyneside Council direct.
The rv is currently £4,250 Rates payable = £2,120.75
Small business rate relief is currently available up to 100% of the rates payable.

Opening Hours

The normal opening hours are Monday-Friday 8am-5pm and Saturday 8am-4pm.

Additional Information

The property has a burglar alarm system and the main roof has been re-slated.

It is understood that the weekly takings are currently between £3,000-£3,500 per week.

Viewing

Any interested parties wishing further information regarding the business and premises should contact this office prior to viewing which is strictly by appointment only.