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The property comprises a high yielding retail investment opportunity in the central Market Square of South Shields.
Arranged across ground floor only, the property comprises two retail units that are let on separate leases and producing a total annual rent of £26,167 per annum.
The property fronts Market Square with a return frontage to Chapter Row. Market Square sits at the end of King Street, the principal retail amenity in South Shields, with local occupiers including Poundland, Peacocks, Bonmarche and Lloyds Bank.
Chapter Row includes the main bus station for South Shields, which is immediately to the rear of the property.
Tenure
Long Leasehold - Expires 30/08/2137 at £200 per annum
Tenancy
Please see the below tenancy schedule and the legal pack for more information.
Rent