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Detached Two-Storey Office Building, Unit 1 Market Dock, Waverley, South Shields, NE33 1LE

2,540 Sq Ft / Offices

For Sale - £225,000.00

To Let - £28,000.00 per annum

Available - Last updated: 26 April 2024

Market Dock, Waverley is a contemporary, high specification development of office buildings, briefly comprising:

  • Own front door
  • Male/female accessible toilets
  • Double glazing
  • Gas fired central heating
  • Perimeter trunking on ground floor
  • Raised access flooring on the first floor
  • Exposed feature beams
  • LED lighting

Location

Waverley is conveniently located within easy walking distance of South Shields town centre, Metro station and Ferry Landing close to the rear of Market Square at the junction of River Drive and Long Row. The surrounding area comprises a mixture of commercial and residential schemes.

The development is close to the A19 and A1 with excellent access to the regional road network, Newcastle upon Tyne and Sunderland.

Public transport is excellent. South Shields Metro station is a 5 minute walk away and has frequent bus services operating to and from the local area.

Accommodation

Unit 1 - 235.97 sq m (2,540 sq ft)

Terms

TERMS - The property is available by way of a new EFRI lease for a term of years to be agreed at a rent of £28,000 pax (£11.02 per sq ft).

Alternatively, we are seeking £225,000 for the benefit of our clients Freehold interest.

BUSINESS RATES:

Rateable Value : £19,250
Estimated Rates Payable: £9,605.75 (24/25)

Our estimate is calculated by applying the appropriate Business Rate Multiplier to the RV. Interested parties must confirm the actual rates payable with the Local Authority.

ENERGY PERFORMANCE - EPC Rating B 42.

VAT - All rents, premiums and purchase prices quoted herein are exclusive of VAT. 

LEGAL COSTS - Each party to be responsible for their own costs.

ANTI-MONEY LAUNDERING REGULATIONS - In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.

Specification

  • Popular Business Park Location
  • Just a 2 Minute Walk from South Shields Town Centre
  • Dedicated Car Parking
  • Suitable for Occupiers in a Variety of Sectors (i.e. Professional & Financial Services, Public & Health)
  • Great SIPP Investment Opportunity
  • Excellent Opportunity for Owner Occupiers

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £225,000.00 NA
  To Let £28,000.00 per annum

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Contact agents

Daryl Carr

Graham S Hall Chartered Surveyors

0191 394 0036

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