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No longer on the market

This property is no longer on the market

Retail property (high street)

Sold STC
Retail property (high street)
Added > 14 days

Features and description

Presenting a unique investment opportunity on the popular Westoe Road, South Shields. This freehold property comprises a ground-floor commercial unit with basement and an expansive four-bedroom upper maisonette, both offered with vacant possession. Situated in a prime location, this property is ideal for investors seeking rental income or business owners desiring a combined commercial and residential space.

Ground-Floor Commercial Unit:
Versatile Space: The commercial unit offers a spacious layout suitable for various business ventures, including retail, office, or service-oriented enterprises. Located on the bustling Westoe Road, the unit benefits from high visibility and foot traffic, enhancing business exposure. a private entrance, ensuring convenience for both customers and staff.

Upper Four-Bedroom Maisonette:
Generous Accommodation: The maisonette spans two floors, providing ample living space with four well-proportioned bedrooms, making it suitable for families or as a shared rental property.
Living Areas: Includes a comfortable lounge area and a spacious kitchen/diner, perfect for modern living requirements.
Bathrooms: Equipped with two bathrooms, enhancing convenience for occupants.
Condition: The property has been recently redecorated throughout, offering a fresh and welcoming atmosphere.
Connectivity: Excellent transport links with nearby bus routes and proximity to Chichester Metro Station, facilitating easy commutes to surrounding areas.
Coastal Proximity: A short distance from South Shields' renowned coastline, offering leisure opportunities and scenic views.

Investment Potential:
The combination of a commercial unit and a spacious residential maisonette presents a dual-income opportunity. The property's location on Westoe Road, a sought-after area in South Shields, further enhances its appeal to potential tenants and business owners. Comparable properties in the vicinity have demonstrated strong market performance, indicating a promising return on investment.

This property offers a rare opportunity to acquire a mixed-use premises in a vibrant area of South Shields. With its vacant possession, it is ready for immediate occupation or rental. Whether you're an investor seeking a property with versatile income streams or a business owner looking for a combined commercial and residential space, 124 Westoe Road is a compelling prospect.

For further details or to arrange a viewing, please contact the local agent.

Rooms

Location
The subject property is located within Westoe Road around quarter of a mile outside South Shields main town centre. Westoe Road is one of the primary routes into the town from the east and is made up of various commercial businesses and residential property.

Rateable value
The adopted rateable value is £5000 as of 1st April 2023. Sourced from VOA.

Tenure
Freehold - Title number TY257724 E

EPC
Awaiting a copy of EPC

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About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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