Leisure facility for sale

Rooms

Location
The property occupies a central position on Queen Street within South Shields, close to the town centre and within easy reach of local amenities, retail units and transport links. The area benefits from strong connectivity to surrounding towns including *Newcastle upon Tyne and Sunderland, making it an attractive location for business and commercial activity.

Accommodation
- Ground Floor - Private ground floor entrance from Queen Street - Staircase access leading to the upper floors First Floor - Reception / welcome area - Large open studio / training space - Separate private room (suitable for office, treatment room or consultation space) - Kitchen / lounge staff area - WC facilities - Shower facilities Second Floor - Full floor open studio space providing a large, flexible area suitable for fitness, studio, office or alternative commercial uses. - Development / Alternative Use Potential - The layout and size of the building make it suitable for a range of commercial or redevelopment opportunities, subject to any required permissions, including: - Fitness / gym facility - Dance or yoga studio - Office or creative workspace - Training / education centre - Health and wellbeing facility - Conversion to residential apartments (subject t...

Tenure
Leasehold of 99 years from 6 November 1991. Title number TY266337

Rateable value
The adopted rateable value is £7,600 from 1 April 2026

EPC
We currently await a copy of the EPC

Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.