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Sold
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The property comprises a high yielding retail investment opportunity situated in the pedestrianised heart of South Shields.
Occupying a prominent corner site at the junction of King Street and South Shield market Square, the property is arranged over ground and three upper floors.
The property is let to a private individual trading as The Outfit paying a rent of £10,400 per annum. The tenant has been holding over since April 2022 and therefore the property offers asset management potential.
King Street comprises the principal pedestrianised retail amenity in South Shields, with local occupiers including Poundland, Peacocks, Bonmarche and Lloyds Bank
Tenure
Freehold
Rent