Commercial property to let in Prince Edward Road, South Shields NE34

We are pleased to offer for rent A ground floor lock up shop unit situated on this busy and popular secondary shopping location in south shields which includes A wide variety of nearby occupiers including tesco express and subway along with sainsburys and boots in the adjoining parade. The unit has been occupied for many years by A firm of local opticians who will be vacating the premises at the end of September 2024. The unit includes the main shop 23 sq M (247 sq ft), rear store 7.37 sq M (80 sq ft), kitchen and W.C. As well as A rear yard, subject to A shared right of access. There is free short term parking available in front of the shop at the sought after 'nook' shopping parade. The premises will be available on lease terms to be agreed. Rental £10,000 per annum on F.R.I. Terms exclusive of rates.

Location

A ground floor lock up shop unit situated on this busy and popular secondary shopping location which includes A wide variety of nearby occupiers including tesco express and subway along with sainsburys and boots in the adjoining parade. The unit has been occupied for many years by A firm of local opticians who will be vacating the premises at the end of September 2024. The premises should suit A variety of uses in this highly visible location well placed for south shields and surrounding areas with good access to major routes including the tyne tunnel.

Description

The unit includes:
The main shop 23 sq M (247 sq ft)
rear store 7.37 sq M (80 sq ft)
kitchen and W.C.
There is also A rear yard, subject to A shared right of access with the tenant at the premises above.
There is free short term parking available in front of the shop at the sought after 'nook' shopping area of south shields.

Viewing

Strictly by appointment via the agents.

Rating Assessment

Current rateable value £5,200 (1st April 2023 to present)

The current uniform business rate (ubr) for the year 2024/25 is 49.9p in the pound.

Interested parties should verify this information by contacting South Tyneside Council direct.

Tenure

The premises will be available on lease terms to be agreed. Rental £10,000 per annum on F.R.I. Terms exclusive of rates.