Retail premises for sale in Albion Road, North Shields NE30

Location

The property is located on Albion Road, in the centre of North Shields, at its junction with Upper Norfolk Street. As such the property enjoys a busy main road location whilst also being close to Northumberland Square and the main shopping area of North Shields.

Description

The premises comprise a ground floor retail unit which is currently fitted to a high standard and trading as a hair and beauty salon. The shop was originally two separate shops and could easily be converted back to two separate shops if required, as independent services have been retained.

The salon enjoys an extensive display frontage with automated roller shutters, good sized sales and ancillary accommodation to the rear.

At first floor level are two self-contained, one-bedroom flats which are accessed to the rear of the property. The flats are well proportioned but could be combined into one larger property.

The property would suit both owner occupiers and investors and offers great potential.

Accommodation

Ground Floor

Two combined shops with a sales area of 636 sq.ft (59 sq.m.) and ancillary space of 108 sq.ft (10 sq.m) plus a single wc.

First Floor

2A Albion Road

Self-contained one bedroom flat with lounge, kitchen and bedroom with en-suite shower and separate wc. Gas fired central heating.

3A Albion Road

Self-contained one bedroom flat with lounge, kitchen, bedroom and bathroom. Gas fired central heating.

Tenure

Freehold with vacant possession.

Price

Offers in excess of £255,000 are invited.

Business rates

Ground floor shop Rateable Value: £7,200.

Small Business Rates Relief may be available which would mean no Business Rates would currently be payable by qualifying occupiers.

The above figure should be verified with the Local Authority.

Energy performance rating

2-3 Albion Road – C
2a Albion Road – D
3a Albion Road - D