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86 Cleveland Road, North Shields, NE29 0PF
3,784 Sq Ft / Retail / General Retail
Withdrawn - Last updated: 30 April 2024
Summary
Former Co-op Food store plus first floor flat, prominently positioned on a corner location with a wide shop front. All shop windows have the benefit electric roller shutters and there is a security alarm system. Internally, the ground floor shop provides largely open plan retail space with ancillary storage, office and
WCs to the rear. The first floor comprises a spacious 3 bedroom flat incorporating bathroom, lounge, kitchen and 3 double bedrooms (one of which includes a walk-in wardrobe).
Key Points
Prominently positionedExcellent transport links (road, bus and metro)Good levels of passing trafficAvailable by way of assignment or sub-lease.
Lease Terms
The whole property is available To Let by way of an assignment of the existing lease or sub-lease. The property is currently let in its entirety to Co-operative Food Group Limited with lease expiring 5th April 2024. The passing rent is £32,250 per annum, exclusive. A copy of the lease is available on written request. Alternatively a new lease direct with the landlord may be available.
Location
North Shields is a coastal town on the north side of the River Tyne situated between Tynemouth and Wallsend approx 8 miles east of Newcastle. The property is positioned on the junction of Cleveland Road and Hawkeys Lane, which is within reasonably easy walking distance of North Shields Metro Station. Road links are good with the A19 less than 2 miles west and the Coast Road linking directly into Newcastle City Centre approximately 0.5 miles north. The property benefits from good levels of passing traffic with good public transport links (bus and metro).
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